North Kuwait is a producing conventional oil field located onshore Kuwait and is operated by Kuwait Oil.
Field participation details
The field is owned by Kuwait Petroleum.
Production from North Kuwait
The North Kuwait conventional oil field recovered 62.74% of its total recoverable reserves, with peak production in 2017. The peak production was approximately 747.74 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 21% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 2,469.76 Mmboe, comprised of 2,469.76 Mmbbl of crude oil & condensate. North Kuwait conventional oil field reserves accounts 0.51% of total remaining reserves of producing conventional oil fields globally.
About Kuwait Oil
Kuwait Oil Co (KOC), a subsidiary of Kuwait Petroleum Corporation, is an upstream oil and gas company. It carries out exploration, development and production of crude oil and natural gas in Kuwait. The company also carries out onshore and offshore surveys, well drilling and development of producing fields. It transports crude from the producing assets to the customers, and manages shipping operations associated with the crude exports from Kuwait Ports. The company also provides marine technical support, firefighting services and oil spill combating and consultancy services. It has operations in Kuwait and the UK. KOC is headquartered in Ahmadi, Al Ahmadi, Kuwait.
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.