Missan is a producing conventional oil field located onshore Iraq and is operated by CNOOC Iraq. The field is located in block Missan Contract Area.
Two expansion projects are associated with the Missan conventional oil field, namely Missan Rehabilitation and Missan Enhanced Redevelopment. The expansion projects are currently in the construction and feasibility stage.
Field participation details
The field is owned by Ministry of Oil and Iraq.
Production from Missan
The Missan conventional oil field recovered 31.09% of its total recoverable reserves, with peak production expected in 2028. The peak production will approximately 300.37 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2079. The field currently accounts for approximately 5% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2,187.48 Mmboe, comprised of 2,187.48 Mmbbl of crude oil & condensate. Missan conventional oil field reserves accounts 0.47% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Missan conventional oil field
Some of the key contractors involved in the Missan project as follows.
EPC Contractors: Hyundai Motor Group
Other Contractors: China National Offshore Oil, China National Petroleum, Gaffney, Cline & Associates, Weatherford International and WGA ZT
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.