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November 26, 2021

Rumaila Conventional Oil Field, Iraq

By Carmen

Rumaila is a producing conventional oil field located onshore Iraq and is operated by Rumaila Field Operating Organisation (ROO). The field is located in block Rumaila Contract Area.

An expansion project is associated with the Rumaila, namely Rumaila Enhanced Redevelopment. This project is currently in the feasibility stage.

Field participation details

The field is owned by BP, China National Petroleum, Ministry of Oil and Iraq.


Production from Rumaila

The Rumaila conventional oil field recovered 61.52% of its total recoverable reserves, with peak production in 1979. The peak production was approximately 1,704.85 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2049. The field currently accounts for approximately 31% of the country’s daily output.


Remaining recoverable reserves

The field is expected to recover 12,100.87 Mmboe, comprised of 12,100.87 Mmbbl of crude oil & condensate. Rumaila conventional oil field reserves accounts 2.49% of total remaining reserves of producing conventional oil fields globally.


Contractors involved in the Rumaila conventional oil field

Some of the key contractors involved in the Rumaila project as follows.

EPC Contractors: Hyundai Motor Group

Other Contractors: China National Petroleum, Fact-O-Rig, GE Oil & Gas, Hermes Datacomms and John Wood Group

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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.

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