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November 8, 2021

Zuluf Conventional Oil Field, Saudi Arabia

By Carmen

Zuluf is a producing conventional oil field located in shallow water in Saudi Arabia and is operated by Saudi Arabian Oil. The field is located in block Saudi Aramco Concession Area.

An expansion project is associated with the Zuluf, namely Zuluf Expansion Phase 1. This project is currently in the construction stage, expected to start in 2025.

Field participation details

The field is owned by Saudi Arabian Oil.

 

 

Production from Zuluf

The Zuluf conventional oil field recovered 24.87% of its total recoverable reserves, with peak production expected in 2028. The peak production will approximately 1,372 thousand bpd of crude oil and condensate and 1,098 Mmcfd of natural gas. Based on economic assumptions, production will continue until the field reaches its economic limit in 2068. The field currently accounts for approximately 7% of the country’s daily output.

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Remaining recoverable reserves

The field is expected to recover 20,898.6 Mmboe, comprised of 18,572.45 Mmbbl of crude oil & condensate and 13,956.86 bcf of natural gas reserves. Zuluf conventional oil field reserves accounts 4.30% of total remaining reserves of producing conventional oil fields globally.

 

 

Contractors involved in the Zuluf conventional oil field

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

Main EPC: Larsen & Toubro, National Marine Dredging and Subsea 7

EPC Contractors: Eni, McDermott International and Sapura Energy

Other Contractors: ILF Consulting Engineers and Jacobs Engineering Group

About Saudi Arabian Oil

Saudi Arabian Oil Co (Saudi Aramco) is a state-owned energy and chemical company. It carries out the exploration, production and processing of crude oil and natural gas, refining, fractionation of natural gas, production of petrochemicals, and distribution of petroleum products and natural gas. The company operates wholly-owned domestic refineries, and has interests in joint venture refineries with international partners. Saudi Aramco operates through a network of pipelines, bulk plants, air refueling sites, and terminals. The company also operates power plants and associated transmission and distribution facilities in the Kingdom of Saudi Arabia. The company has subsidiaries and joint ventures across the Americas, Europe and other regions. Saudi Aramco is headquartered in Dhahran, Eastern Province, Saudi Arabia.

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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