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November 26, 2021updated 27 Apr 2022 11:59am

Tuba Conventional Oil Field, Iraq

By Carmen

Tuba is a producing conventional oil field located onshore Iraq and is operated by Basra Oil.

An expansion project is associated with the Tuba, namely 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 54.26% of its total recoverable reserves, with peak production in 2015. The peak production was approximately 40 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 61.92 Mmboe, comprised of 61.92 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.

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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