Karim small fields is a producing heavy oil field located onshore Oman and is operated by Medco. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Block 6 (North,Central & South Oman). Buy the profile here.
Field participation details
The field is owned by OQ SAOC, Others, Petro Vest, PT Medco Daya Abadi Lestari and Vision Oil & Gas.
Production from Karim small fields
The Karim small fields heavy oil field recovered 69.52% of its total recoverable reserves, with peak production in 2001. The peak production was approximately 20.80 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2066. The field currently accounts for approximately 1% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 59.84 Mmboe, comprised of 59.84 Mmbbl of crude oil & condensate. Karim small fields heavy oil field reserves accounts 0.14% of total remaining reserves of producing heavy oil fields globally.
About Medco
Medco LLC is a oil and energy industry. The company operates in ethical, professional, open and innovative way generating value to oman and the World. Oil production in karim fields, a field outsourced by petroleum development. It is headquartered in Khuwair, Muscat, Oman.
For more details on the Karim small fields 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.
