Tuba is a producing conventional oil field located onshore Iraq and is operated by Basra Oil. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, Buy the profile here.
An expansion project is associated with the Tuba, namely the Tuba EOR. This project is currently in the approval stage.
Field participation details
The field is owned by Ministry of Oil and Iraq.
Production from Tuba
The Tuba conventional oil field recovered 58.94% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 40.00 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2053.
Remaining recoverable reserves
The field is expected to recover 55.58 Mmboe, comprised of 55.58 Mmbbl of crude oil & condensate. Tuba conventional oil field reserves accounts 0.01% of total remaining reserves of producing conventional oil fields globally.
About Basra Oil
Basra Oil Co (BOC) formerly known as South oil company is a state-owned oil and gas company in Iraq. The company explores and produces crude oil and natural gas. Its services include drilling works, building and expanding production facilities and implementing investment projects. The company also operates in developing fields in Luhais, Saba, Nuhran Ben Ummer. BOC’s oil fields in Maysan layout export the pipeline, expanding export facilities and infrastructure sites. The implementing investment projects are associated with the natural gas fields in the north and south Rumaila. It was formerly known as The State National Institution for Oil. BOC is headquartered in Basrah, Iraq.
For more details on the Tuba Conventional 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.
