Name: Halfaya
Controlled by: Ministry of Oil (Baghdad).
Location: Maysan governorate in the south-east of Iraq, 35 kilometres south-east of Amarah city
Discovery: 1976
Reserves: 4.1 billion barrels of oil
Size: 35 km long and 10 km wide
Developed by: CNPC (37.5%), Total (18.75%), Petronas (18.75%), South Oil Company (25%).
Contract granted: Second licensing round (2009).
Contract duration: 20 years, later extended to 30 years.
Remuneration: $1.40 per barrel of oil
Plateau production target: Originally 535,000 bpd for 20 years, later revised to 400,000 bpd for 30 years.
Other companies involved in the development: Bohai, Daiken, Baker Hughes (GE), CPECC
For latest news on the project please click here.
A full list of oil and gas fields controlled by the Ministry of Oil in Baghdad can be found here.