Barzan is a producing conventional gas field located in shallow water in Qatar and is operated by QatarEnergy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Barzan, with water depth of 161 feet. Buy the profile here.
Field participation details
The field is owned by Exxon Mobil and QatarEnergy.
Production from Barzan
The Barzan conventional gas field recovered 7.01% of its total recoverable reserves, with peak production expected in 2023. The peak production was approximately 21.99 thousand bpd of crude oil and condensate and 1,400.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2063. The field currently accounts for approximately 4% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,963.62 Mmboe, comprised of 113.97 Mmbbl of crude oil & condensate and 11,097.92 bcf of natural gas reserves. Barzan conventional gas field reserves accounts 0.67% of total remaining reserves of producing conventional gas fields globally.
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.
For more details on the Barzan Conventional Gas Field, buy the profile here.