Khafji and Hout is a producing conventional oil field located in shallow water in Kuwait-Saudi Arabia Partitioned Neutral Zone and is operated by Al Khafji Joint Operations. The field is located in block Al-Khafji Joint Operations (KJO), with water depth of 150 feet.
An expansion project is associated with the Khafji and Hout, namely Dorra . This project is currently in the feed stage.
Field participation details
The field is owned by Saudi Arabian Oil and Kuwait Petroleum.
Production from Khafji and Hout
The Khafji and Hout conventional oil field recovered 38.59% of its total recoverable reserves, with peak production expected in 2031. The peak production will approximately 308.75 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2075. The field currently accounts for approximately 53% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2,468.16 Mmboe, comprised of 2,468.16 Mmbbl of crude oil & condensate. Khafji and Hout conventional oil field reserves accounts 0.53% of total remaining reserves of producing conventional oil fields globally.
About Al Khafji Joint Operations
Al Khafji Joint Operations (KJO) is a joint venture of Kuwait Gulf Oil Co and Aramco Gulf Operations Co. It carries out exploration, drilling and production of oil and gas in offshore Khafji field in the divided zone between Kuwait and Saudi Arabia. The Khafji field development includes offshore facilities such as central gathering platform, and onshore facilities comprising an oil processing facility, a gas-fired power plant, gas-receiving stations, a water treatment plant, and a desalination unit. The company operates a gas processing facility to treat the associated gas from the offshore oil production. KJO is headquartered in Al Khafji, Saudi Arabia.
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.