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November 25, 2021updated 26 Nov 2021 5:26am

Maydan Mahzam Conventional Oil Field, Qatar

By Carmen

Maydan Mahzam is a producing conventional oil field located in shallow water in Qatar and is operated by QatarEnergy. The field is located in block Maydan Mahzam, with water depth of 141 feet.

An expansion project is associated with the Maydan Mahzam, namely Maydan Mahzam Redevelopment. This project is currently in the feasibility stage.

Field participation details

The field is owned by QatarEnergy.


Production from Maydan Mahzam

The Maydan Mahzam conventional oil field recovered 90.86% of its total recoverable reserves, with peak production in 1972. The peak production was approximately 169.79 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2042. The field currently accounts for approximately 1% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 135.11 Mmboe, comprised of 109.77 Mmbbl of crude oil & condensate and 152.07 bcf of natural gas reserves. Maydan Mahzam conventional oil field reserves accounts 0.03% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Maydan Mahzam conventional oil field

Some of the key contractors involved in the Maydan Mahzam project as follows.

Other Contractors: Baker Hughes and Schlumberger

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About QatarEnergy

QatarEnergy is a state-owned integrated oil and gas company. Its operations covers the entire spectrum of the oil and gas value chain, and include the exploration, drilling, production, storage and transport, refining, marketing and sale of crude oil, natural gas, natural gas liquids, liquefied natural gas (LNG), gas-to-liquids, refined products, petrochemicals and fertilizers. The company also has presence in steel and aluminum businesses. It provides services such as financing and helicopter chartering. QatarEnergy conducts its operations and activities at various onshore and offshore sites in Qatar. The company also has operations in other countries across the world. QatarEnergy is headquartered in Doha, Qatar.

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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