Garraf is a producing heavy oil field located onshore Iraq and is operated by PETRONAS Carigali Iraq Holding. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Garraf Contract Area. Buy the profile here.
An expansion project is associated with the Garraf, namely the Garraf Expansion. This project is currently in the commissioning stage, expected to start in 2023.
Field participation details
The field is owned by Japan Oil, Gas and Metals National, Japan Petroleum Exploration, Ministry of Oil, Iraq, Mitsubishi and Petroliam Nasional.
Production from Garraf
The Garraf heavy oil field recovered 24.08% of its total recoverable reserves, with peak production expected in 2028. The peak production will approximately 230.00 thousand bpd of crude oil and condensate and 98.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2051. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,057.36 Mmboe, comprised of 984.35 Mmbbl of crude oil & condensate and 438.09 bcf of natural gas reserves. Garraf heavy oil field reserves accounts 2.46% of total remaining reserves of producing heavy oil fields globally.
Contractors involved in the Garraf heavy oil field
Some of the key contractors involved in the Garraf project as follows.
Design/FEED Engineering: Weatherford International
Main EPC: Zhongman Petroleum and Natural Gas Group and Al-Tafaweq Co for General Contracts
EPC Contractors: Hyundai Engineering & Construction, Recon Technology, China Oil HBP Science & Technology, Cemp and Progetti Europa & Global
Other Contractors: Baker Hughes, ArcelorMittal, Amarinth, Enefcon Engineering and China Petroleum Engineering
For more details on the Garraf Heavy Oil Field, buy the profile here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
This information is drawn from GlobalData’s Oil & Gas Intelligence Center, which provides detailed profiles of 34,000+ oil and gas fields, 400,000+ exploration blocks, 1,100+ LNG terminals, 3,400+ gas processing plants, 5,000+ storage terminals, and 8,000+ pipelines, 1,400+ refineries and 13,000+ petrochemical plants worldwide.
