Nahr Bin Umar is a producing conventional oil field located onshore Iraq and is operated by Basra Oil.
Field participation details
The field is owned by Ministry of Oil and Iraq.
Production from Nahr Bin Umar
The Nahr Bin Umar conventional oil field recovered 61.39% of its total recoverable reserves, with peak production expected in 2023. The peak production will approximately 45.56 thousand bpd of crude oil and condensate and 61 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2054. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 307.57 Mmboe, comprised of 226.59 Mmbbl of crude oil & condensate and 485.87 bcf of natural gas reserves. Nahr Bin Umar conventional oil field reserves accounts 0.07% of total remaining reserves of producing conventional oil fields globally.
About Basra Oil
Basra Oil Co (BOC) formerly known as South oil company is a state-owned oil and gas company in Iraq. The company explores and produces crude oil and natural gas. Its services include drilling works, building and expanding production facilities and implementing investment projects. The company also operates in developing fields in Luhais, Saba, Nuhran Ben Ummer. BOC’s oil fields in Maysan layout export the pipeline, expanding export facilities and infrastructure sites. The implementing investment projects are associated with the natural gas fields in the north and south Rumaila. It was formerly known as The State National Institution for Oil. BOC is headquartered in Basrah, Iraq.
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.