Oil and Gas Fields: Garraf

ScreenHunter_1237 Nov. 23 17.28Name: Garraf, also known as Gharraf, Algharraf.

Controlled by: Ministry of Oil (Baghdad).

Location: Dhi Qar Governorate in southern Iraq, 5 kilometres (km) north west of Al-Refaei city, 9 km south-east of Qal’at Suker city and 85 km north of Nasiriyah.

Discovery: 1984.

Reserves:  860 million – 1 billion barrels of oil.

Size: The field is 17.5 km long and 5.5 km wide.

Quality: Oil found ranges in gravity from 15 to 36 °API, in multiple reservoirs.

Developed by: Petronas (45%), Japex Garraf Ltd (30%), North Oil Company (25%). (Japex Garraf Ltd is owned as follows: Japex 55%, Mitsubishi Corporation 10%, and JOGMEC 35%).

Contract granted: Second licensing round (2009).

Contract duration: 20 years.

Remuneration: Service contract, $1.49 per barrel. Payment share: Petronas 60%, Japex 40%.

Production started: August 2013, at 35,000 barrels of oil per day.

Plateau production target: 230,000 bpd by 2017.

Other companies involved in the development: STX, Zhongman Petroleum and Natural Gas Group, UMW, Schlumberger, Weatherford, Kavin Engineering.

For latest news on this project please click here and here.

A full list of oil and gas fields controlled by the Ministry of Oil in Baghdad can be found here.