Siba is a producing conventional gas field located onshore Iraq and is operated by Kuwait Energy. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block Siba Contract Area. Buy the profile here.
An expansion project is associated with the Siba, namely the Siba Development. This project is currently in the feed stage.
Field participation details
The field is owned by Egyptian General Petroleum, Ministry of Oil, Iraq, Turkiye Petrolleri Anonim Ortakligi and United Energy Group.
Production from Siba
The Siba conventional gas field recovered 23.32% of its total recoverable reserves, with peak production in 2020. The peak production was approximately 11.19 thousand bpd of crude oil and condensate and 64.00 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2057.
Remaining recoverable reserves
The field is expected to recover 97.91 Mmboe, comprised of 50.13 Mmbbl of crude oil & condensate and 286.67 bcf of natural gas reserves. Siba conventional gas field reserves accounts 0.03% of total remaining reserves of producing conventional gas fields globally.
Contractors involved in the Siba conventional gas field
Some of the key contractors involved in the Siba project as follows.
Design/FEED Engineering: China Petroleum Engineering
Other Contractors: Schlumberger, Anton Oilfield Services Group, Gtl International and China Petroleum Engineering
About Kuwait Energy
Kuwait Energy Plc (Kuwait Energy), a subsidiary of United Energy Group Ltd, is an oil and gas company that carries out the exploration, appraisal, development and production of hydrocarbons. The company operates a wide range of oil and gas assets in the Middle East and North Africa (MENA) region. It has assets across Egypt, Yemen and Iraq. Kuwait Energy produces oil from East Ras Qattara (ERQ), Burg El Arab (BEA), Abu Sennan and Area A in Egypt, Block 9 and Siba in Iraq. The company also provides technical expertise, advice and assistance to oil and gas companies, and local governments. Kuwait Energy is headquartered in Hong Kong City, Hong Kong
For more details on the Siba Conventional Gas Field, buy the profile here.
Subscribe to our Newsletter
Get industry leading news, data and analysis delivered to your inbox
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.
