Asset Report
Rumaila
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Rumaila has been the backbone of Iraq's production for over six decades. Located in the province of Basra, production peaked at 1.7 million b/d in the late-1970s. However, a lack of investment caused production to decline to 1 million b/d by 2009. The Rumaila Operating Organisation, comprising BP, CNPC and Iraq's State Oil Marketing Organisation (SOMO), was awarded a Technical Service Contract (TSC) to redevelop the field in 2009. In November 2021, BP and CNPC spun off their ...
Table of contents
- Summary
-
Key Issues
- Issues common to the southern Iraq oil developments
- Issues specific to Rumaila
- Technical Service Contract (2009)
- Contract renegotiation (2014)
- Basra Energy Company
- Post Contract
- Historical
- Zubair formation
- 7 more item(s)...
-
Oil
- 1954 - 2010
- Post-2010
- Gas
- Natural Gas Liquids
- Emissions
-
Key Development Metrics
- Wells
- Processing facilities
- Water injection
- Supplier information
- Greenfield Mishrif expansion (excluded from our commercial base case)
- North and South Rumaila
-
Technical Service Contract
- Brownfield development (rehabilitation phase)
- Greenfield development (enhanced redevelopment phase)
- Water injection
-
Historical development
- Pre-2003
- 2003 - 2010
-
Oil transport infrastructure
- Southern export system
- Strategic pipeline
- Gas transport infrastructure
- Capital costs
- Operating costs
- Basrah Light
- Basrah Heavy
- Basrah Medium
- 7 more item(s)...
- Cash flow
- 4 more item(s)...
Tables and charts
This report includes the following images and tables:
- Production (2015-2024)
- Rumaila Baseline
- Rumaila TSC
- Rumaila Post-Contract
- Index Map
- Detail Map
- Participation
- Primary Reservoir Characteristics
- Secondary Reservoir Characteristics
- Reserves (2P) at 01/01/2025
- Contingent Resources (2C) at 01/01/2025
- 11 more item(s)...
What's included
This report contains:
Other reports you may be interested in
Asset Report
West Qurna 1
The West Qurna-Rumaila structure ranks among the world's largest oil accumulations, second only to Saudi Arabia's Ghawar. ...
$3,720
Asset Report
Tuba
Tuba is an underdeveloped oil field located in southern Iraq’s Widyan–North Arabian Gulf basin, in the Basra province.
$3,720
Asset Report
West Qurna 2
The West Qurna/Rumaila structure, located in Basra province, is one of the largest oil fields in the world, second only to Saudi ...
$5,280
