Ghawar is a producing conventional oil field located onshore Saudi Arabia and is operated by Saudi Arabian Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Saudi Aramco Concession Area. Buy the profile here.
Two expansion projects are associated with the Ghawar conventional oil field, namely the Haradh Incremental Project and the Hawiyah Incremental Project. The expansion projects are currently in the commissioning stage, targeting start-up during 2023.
Field participation details
The field is owned by Saudi Arabian Oil.
Production from Ghawar
The Ghawar conventional oil field recovered 65.81% of its total recoverable reserves, with peak production in 1980. The peak production was approximately 5,555.56 thousand bpd of crude oil and condensate and 2,859.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2081. The field currently accounts for approximately 28% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 49,923.19 Mmboe, comprised of 43,999.69 Mmbbl of crude oil & condensate and 35,540.88 bcf of natural gas reserves. Ghawar conventional oil field reserves accounts 11.07% of total remaining reserves of producing conventional oil fields globally.
Contractors involved in the Ghawar conventional oil field
Some of the key contractors involved in the Ghawar project as follows.
Main EPC: Tecnicas Reunidas
EPC Contractors: Eni, China National Petroleum, AES Arabia, Azmeel Contracting and Construction and Mofarreh Marzouq Al-Harbi & Partners
Other Contractors: Baker Hughes, Ampo Poyam Valves, Franke Filter, Oca International, Inspecion & Control Society SAU and Gerab National Enterprises
About Saudi Arabian Oil
Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.
For more details on the Ghawar Conventional Oil Field, buy the profile here.