View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Market Data
December 2, 2021updated 27 Apr 2022 12:37pm

Qatargas 4 Conventional Gas Field, Qatar

By Carmen

Qatargas 4 is a producing conventional gas field located in shallow water in Qatar and is operated by QatarEnergy. The field is located in block Qatargas 4, with water depth of 118 feet.

Field participation details

The field is owned by QatarEnergy and Shell.


Production from Qatargas 4

The Qatargas 4 conventional gas field recovered 30.77% of its total recoverable reserves, with peak production in 2019. The peak production was approximately 59.57 thousand bpd of crude oil and condensate and 1,111 Mmcfd of liquid natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2075. The field currently accounts for approximately 5% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 2,070.56 Mmboe, comprised of 502.64 Mmbbl of crude oil & condensate and 9,407.48 bcf of liquid natural gas reserves. Qatargas 4 conventional gas field reserves accounts 0.71% of total remaining reserves of producing conventional gas fields globally.


About QatarEnergy

QatarEnergy is a state-owned integrated oil and gas company. Its operations covers the entire spectrum of the oil and gas value chain, and include the exploration, drilling, production, storage and transport, refining, marketing and sale of crude oil, natural gas, natural gas liquids, liquefied natural gas (LNG), gas-to-liquids, refined products, petrochemicals and fertilizers. The company also has presence in steel and aluminum businesses. It provides services such as financing and helicopter chartering. QatarEnergy conducts its operations and activities at various onshore and offshore sites in Qatar. The company also has operations in other countries across the world. QatarEnergy is headquartered in Doha, Qatar.

Methodology

Information on the field is sourced from GlobalData’s fields database that provides detailed information on all producing, announced and planned oil and gas fields globally. Not all companies mentioned in the article may be currently existing due to their merger or acquisition or business closure.

Related Companies

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Friday. The industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Offshore Technology