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November 22, 2021updated 27 Apr 2022 11:49am

Bai Hassan Conventional Oil Field, Iraq

By Carmen

Bai Hassan is a producing conventional oil field located onshore Iraq and is operated by North Oil. The field is located in block Bai Hassan Contract Area.

Field participation details

The field is owned by Ministry of Oil and Iraq.


Production from Bai Hassan

The Bai Hassan conventional oil field recovered 70.87% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 194.61 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 2% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 366.72 Mmboe, comprised of 366.72 Mmbbl of crude oil & condensate. Bai Hassan conventional oil field reserves accounts 0.08% of total remaining reserves of producing conventional oil fields globally.


About North Oil

North Oil Company (North Co) is an oil and gas company that produces crude oil and natural gas from oil and gas fields. The company offers transportation, materials procurement and storage and workshop services. Its services include treatment of oil, separation and compression, research and quality control, and technical services. The company’s Al-Shaheen oil field is located in Qatari waters 80 kilometers north of Ras Laffan. North Co operates through pump stations, process units, oil tank fields, degassing stations, gas compressor stations, water treatments plants, electric generation stations and other oil wells. It supplies crude oil to Iraqi refineries. NOC is headquartered in Kirkuk, Iraq.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

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