East Baghdad is a producing heavy oil field located onshore Iraq and is operated by EBS Petroleum. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block East Baghdad Contract Area. Buy the profile here.
An expansion project is associated with the East Baghdad, namely the East Baghdad Oil Development. This project is currently in the feasibility stage, expected to start in 2027.
Field participation details
The field is owned by China ZhenHua Oil, Ministry of Oil and Iraq.
Production from East Baghdad
The East Baghdad heavy oil field recovered 43.92% of its total recoverable reserves, with peak production in 2002. The peak production was approximately 50.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2071.
Remaining recoverable reserves
The field is expected to recover 450.89 Mmboe, comprised of 450.89 Mmbbl of crude oil & condensate. East Baghdad heavy oil field reserves accounts 1.05% of total remaining reserves of producing heavy oil fields globally.
Contractors involved in the East Baghdad heavy oil field
Some of the key contractors involved in the East Baghdad project as follows.
Other Contractors: Weatherford International, Zhongman Petroleum and Natural Gas Group and China National Offshore Oil
About EBS Petroleum
EBS Petroleum Co Ltd (EBS Petroleum) specializes in providing exploration and production services. EBS Petroleum is headquartered in Bagdad,Iraq.
For more details on the East Baghdad Heavy Oil Field, buy the profile here.