Halfaya is a producing heavy oil field located onshore Iraq and is operated by PetroChina Halfaya FZ-LLC. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Halfaya Contract Area. Buy the profile here.
An expansion project is associated with the Halfaya, namely the Halfaya (CPF-1 & CPF-2) Development. This project is currently in the construction stage, expected to start in 2024.
Field participation details
The field is owned by China National Petroleum, Ministry of Oil, Iraq, Petroliam Nasional and TotalEnergies.
Production from Halfaya
The Halfaya heavy oil field recovered 20.39% of its total recoverable reserves, with peak production expected in 2023. Based on economic assumptions, production will continue until the field reaches its economic limit in 2076. The field currently accounts for approximately 6% of the country’s daily output.
Contractors involved in the Halfaya heavy oil field
Some of the key contractors involved in the Halfaya project as follows.
Main EPC: China National Petroleum
Other Contractors: China National Petroleum and Hebei Huabei Petroleum Engineering Construction
For more details on the Halfaya Heavy Oil Field, buy the profile here.