West Qurna-2 is a producing conventional oil field located onshore Iraq and is operated by LUKOIL Mid-East. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block West Qurna-2 Contract Area. Buy the profile here.
Smarter leaders trust GlobalData
An expansion project is associated with the West Qurna-2, namely the West Qurna-2 Enhanced Redevelopment. This project is currently in the construction stage, expected to start in 2027.
Field participation details
The field is owned by Lukoil Oil, Ministry of Oil and Iraq.
Production from West Qurna-2
The West Qurna-2 conventional oil field recovered 18.19% of its total recoverable reserves, with peak production expected in 2030. Based on economic assumptions, production will continue until the field reaches its economic limit in 2067. The field currently accounts for approximately 8% of the country’s daily output.
See Also:
Contractors involved in the West Qurna-2 conventional oil field
Some of the key contractors involved in the West Qurna-2 project as follows.
Main EPC: SICIM, 77 Insaat Ve Taahhut and Qimat Al Iqtidar Engineering
EPC Contractors: Hyundai Engineering & Construction, China Oil HBP Science & Technology and Cannon Artes
Other Contractors: China National Petroleum, Amarinth, Ferrometal, Enereco and China Petroleum Engineering
For more details on the West Qurna-2 Conventional Oil Field, buy the profile here.
Premium Insights
From
The gold standard of business intelligence.
Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.
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.
