Yaser is a conventional oil development located in shallow water in the UAE and is operated by Al Yasat Petroleum Operations. Yaser lies in block Al Yasat Offshore, with water depth of around 121 feet.
The project is currently in feed stage and is expected to start commercial production in 2023.
Field participation details
The field is owned by China National Petroleum and Abu Dhabi National Oil.
Production from Yaser
Production from the Yaser conventional oil development project is expected to begin in 2023 and is forecast to peak in 2033, to approximately 16,122 bpd of crude oil and condensate. Based on economic assumptions, the production will continue until the field reaches its economic limit in 2066.
Remaining recoverable reserves
The field is expected to recover 128.03 Mmboe, comprised of 128.03 Mmbbl of crude oil & condensate.
Contractors involved in the Yaser conventional oil field
The key contractors involved in the Yaser project as follows.
Other Contractors: SNC-Lavalin Group
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.