Bai Hassan is a producing conventional oil field located onshore Iraq and is operated by North Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Bai Hassan Contract Area. Buy the profile here.
Field participation details
The field is owned by Ministry of Oil and Iraq.
Production from Bai Hassan
The Bai Hassan conventional oil field recovered 72.81% of its total recoverable reserves, with peak production in 2012. The peak production was approximately 194.61 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 342.18 Mmboe, comprised of 342.18 Mmbbl of crude oil & condensate. Bai Hassan conventional oil field reserves accounts 0.08% of total remaining reserves of producing conventional oil fields globally.
About North Oil
North Oil Company (North Co) is an oil and gas company that produces crude oil and natural gas from oil and gas fields. The company offers transportation, materials procurement and storage and workshop services. Its services include treatment of oil, separation and compression, research and quality control, and technical services. The company’s Al-Shaheen oil field is located in Qatari waters 80 kilometers north of Ras Laffan. North Co operates through pump stations, process units, oil tank fields, degassing stations, gas compressor stations, water treatments plants, electric generation stations and other oil wells. It supplies crude oil to Iraqi refineries. NOC is headquartered in Kirkuk, Iraq.
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