Middle East Oil Discovered , Middle-East Oil Reserves

Middle East oil and gas news, Persian Gulf Offshore Oil Drilling contracts. Arab Oil news Current oil and Gas News for Iraq and Saudi Arabia.


Middle-East Drilling
Rig Count Nov -2012
Land
Offshore
EGYPT
IRAQ
KUWAIT
OMAN
PAKISTAN
QATAR
SAUDI ARABIA
SYRIA
UNITED ARAB EMIRATES
YEMEN
53
71
33
48
21
3
69
27
18
7

8
0
0
1
0
5
17
0
8
1

Middle-East Oil / Gas
Rig Count ( Nov - 2012)
Oil
Gas
EGYPT
IRAQ
KUWAIT
OMAN
PAKISTAN
QATAR
SAUDI ARABIA
SYRIA
UNITED ARAB EMIRATES
YEMEN
47
71
26
41
8
6
59
27
22
7
14
0
7
8
13
2
27
0
4
0

Oil Drilling News from Middle-East

*** Iran Largest Oil Gas Reserves Holder in the World

*** Middle-East Contracts 2013

*** Middle-East 2013 Powerful People

*** Middle-East Major Downstream

*** Opec Appointed New Chairman from Saudi Arabia

*** CNPC gets first 2 million barrels of crude oil from Iraq in payment for developing Iraq's Halfaya field

*** Iraq Oil Production for 2013



Iran Finds Oil Under Airport Runway
Iranian authorities plan to relocate the city of Ahvaz airport after discovering an oil field under the runway. "The Iranian Oil Ministry will acquire Ahvaz airport and a new airport will be built 15 kilometres from the city,"


United States granted waivers to 9 countries in exchange for those nations cutting purchases of oil from Iran
China, India, South Korea, South Africa, Turkey, Sri Lanka, Malaysia, Singapore, Taiwan.


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Middle East Oil Discovered ,
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Oil in Middle-East and Persian Gulf


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Petroleum has become steadily more useful and valuable since the first oil well was drilled by Edwin Drake (1819-1880) in 1859. The first major oil fields were discovered in Pennsylvania and Ohio, with major strikes in Texas and Oklahoma to follow in 1901. Shortly after, the first oil concessions in Persia (now Iran) were granted, and the race for Middle East oil was on.

In 1901, British businessman William D'Arcy convinced the Persian government to award him a concession for oil exploration, extraction, and sales in exchange for £20,000 and 16% of profits over the next 60 years.

At one point when he was on the verge of bankruptcy, D'Arcy appealed to the British government for help; they agreed to assist him, fearing he might otherwise sell his concession to a foreign country such as Russia.

Britain, still a great power at that time, also wanted to maintain a political presence in the Middle East. The British government pressured an existing British oil company, Burmah Oil, to give D'Arcy the financial assistance he needed in 1905; shortly thereafter, large amounts of oil were found.

Oil was discovered in a great many places in the Middle East: the Arabian Peninsula, beneath the Caspian Sea, beneath what would become the nations of Iraq, Kuwait, the United Arab Emirates, and others.

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In 1944, a prominent petroleum geologist named Everette DeGolyer reported to the U.S. government that he was certain the Middle East nations were sitting atop at least 25 billion barrels of crude oil, at least 5 billion of which were in Saudi Arabia. Not reported at that time were his unofficial estimates of up to 300 billion barrels of oil- a third of which he thought underlay Saudi Arabia.

Reference: Yergin, Daniel. The Prize. New York: Simon & Schuster, 1991

History of Oil / Gas in Middle-East and Persian Gulf

  • 6th Century BC - The army of Kir II, first shah of Achaemenid Empire ( present - Iran), used Absheron oil in weapons of fire to invade castles and cities..
  • 100AD - Plutarch described oil bubbling from the ground near Kirkuk in present day Iraq
  • 347AD - Chinese reported to have drilled holes in ground using bamboo to extract oil
  • 8th Century AD - Baku people used ground impregnated with oil for heating because of absence of wood
  • 9th Century AD - Arabian traveler Baladzori (Al-Belazuri Ahmed) describes in "The Conquest of the countries" that political and economic life on Absheron had been long connected with oil. (Published in English "The origins of the Islamic state", by P.K. Hitti and F.C. Murgotten, v.1-2, N.Y.-L., 1916-1924).
  • 10th Century AD - Arabian traveler Abu-Dulaf visits and describes Absheron's oil sources; and noted that there were two major sources - black and white oil. White oil was exported to Iran, Iraq and India as a valuble article
Midwest Oil Gas -2000hp Drilling Rigs
Iran
Iraq
Kuwait
Qatar
Saudi Arabia
UAE
OPEC
Crude Oil Reserves
Venezuela
296.50
Saudi Arabia
264.52
Iran
151.17
Iraq
143.10
Kuwait
101.50
United Arab
97.80
Libya
47.10
Nigeria
37.20
Qatar
25.38
Algeria
12.20
Angola
9.50
Ecuador
7.21
Report by OPEC for 2010
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Persian Gulf and Middle-East Oilfields

Oil Fields of Iran

The Al-Fakkah Field, also known as Jebel Al-Fauqi or Jebal Al-Fauqi, is an oil field located in southern Iraq's Maysan Governorate and Khuzestan Province. Iraq and Iran have been in dispute over the Fakkah oil field and other adjacent fields such as the Abu Ghurab, and Buzugan since 2003.

Yadavaran Oil Field is one of the NIOC Recent Discoveries which is located in Khuzestan. The name is new, as the field is made up of two former fields, Koushk (discovered in 2000) and Hosseinieh (discovered in 2002). After researchers discovered that the two fields were actually connected, the field was renamed as the Yadavaran Field. The field is estimated to have reserves of up to 17 billion barrels .

Azadegan oil field - The field is located 80 kilometres (50 mi) west of Ahvaz close to the Iraqi border. The oil field was discovered in 1999. The first exploration well was drilled in the field in 1976, but its discovery was finalized after drilling the second well in 1999. Iranian authorities claims that Azadegan field has oil-in-place reserves of about 33.2 billion barrels.

Marun Oil Field is the second-largest oil field in Iran. Discovered in 1963, the Marun fields produce from onshore wells. The field produces approximately 520,000 barrels per day.

The Nowruz oil field- Yadavaran Field oil field located in Khuzestan. The name is new, as the field is made up of two former fields, Koushk (discovered in 2000) and Hosseinieh (discovered in 2002). After researchers discovered that the two fields were actually connected, the field was renamed as the Yadavaran Field. The field is estimated to have oil reserves of up to 17 billion barrels.

Asaluyeh / South Pars / North Dome field is a natural gas condensate field located in the Persian Gulf. It is the world's largest gas field, shared between Iran and Qatar. This gas field covers an area of 9,700 square kilometres , of which 3,700 square kilometres (South Pars) is in Iranian territorial waters and 6,000 square kilometres (2,300 sq mi) (North Dome) is in Qatari territorial waters

North Pars Gas Field is one of the biggest independent gas fields of the world. This field which was discovered in 1967 is located some 120 kilometers south east of Bushehr province in water depths of 2 to 30 meters in the Persian Gulf. In 1963, exploration activities started in this field with carrying out seismic tests and the first exploration well was completed in 1967.

Golshan gas field is one of the NIOC Recent Discoveries which is located at approximately 180 km south east of Bushehr, 65 km offshore the Persian Gulf. The volume of gas in place (GIP) of the field is estimated at 42 to 56 TCF. On December 26, 2007, the contract for development of the field was signed between NIOC and SKS of Malaysia.

Ferdowsi Gas Field is one of the NIOC Recent Discoveries which is located at approximately 190 kilometers southeast of Bushehr, 85 kilometers offshore the Persian Gulf.

Aghajari Oil Field

Gachsaran Oil Field

Ahwaz Oil Field

Last Discovery March 2012 - The National Iranian Oil Co (NIOC) has discovered one of the country's biggest oil fields with high quality crude in a southern province, Mehr news has reported. "The preliminary studies show enormous crude reserves in this oil field, which can be considered as one of Iran's biggest fields," ( location to be confirmed )


Oil Fields of Iraq

Kirkuk Oil Field is an oilfield near Kirkuk, Iraq. It was discovered by the Turkish Petroleum Company at Baba Gurgur ("St. Blaze" in Kurdish) in 1927. The oilfield was brought into production by the Iraq Petroleum Company (IPC) in 1934 . Kirkuk still produces up to 1 million barrels per day , almost half of all Iraqi oil exports.

Al-Fakkah oil Field, also known as Jebel Al-Fauqi or Jebal Al-Fauqi, is an oil field located in southern Iraq's Maysan Governorate and Khuzestan Province, Iran.

Az Zubair Oil Field, also known as Az-Zubayr, is an oil field located in southern Iraq, west of Basrah. It is one of the largest fields in the world and was discovered in 1949 by the Basrah Petroleum Company, an associate of the Iraq Petroleum Company. It has 4.5 billion barrels of proven oil reserves.

Babe Gurgur Oilfiled is a large oil field near the city of Kirkuk which was the first to be discovered in Northern Iraq in 1927. It was considered the largest oil field in the world until the discovery of the Ghawar field in Saudi Arabia in 1948.

East Baghdad Oil Field is a group of oil fields, located east of Baghdad, Iraq. East Baghdad is proven to hold 8 billion barrels (1.3 billion cubic metres) of recoverable reserve and believed to have a production potential of 400,000 barrels per day . The oil field was discovered in 1976 .

Halfaya Oil Field is located east of Amarah, Iraq. Halfaya is proven to hold 4.1 billion barrels of recoverable oil reserve. In December 2009, the China National Petroleum Corporation was awarded a 50% stake in the development of the field and France's Total S.A. along with Malaysia's Petronas were awarded a 25% stake.

Majnoon Oil field is a super-giant oil field located 60 km (37 mi) from Basra, Basra Governorate in southern Iraq. Majnoon is one of the richest oil fields in the world with an estimated 23-25 billion and proven reserves of 12.6 billion of barrels of oil in place. The field was discovered by Braspetro, a Brazilian company in 1975.

Nahr Umr Oil Field is located north of Basrah, Iraq. Nahr Umr Field is proven to hold 6.6 billion barrels of recoverable reserve. The oil field was discovered in 1948 by the Basrah Petroleum Company, an associate of the Iraq Petroleum Company.

Rumaila oil field is a giant oil field located in southern Iraq, approximately 20 mi (32 km) from the Kuwaiti border. The dispute between Iraq and Kuwait over allegedly slant-drilling in the field was one of reasons for Iraq's invasion of Kuwait in 1990. This field was discovered by British Petroleum (BP) in 1953. Rumaila is considered the fourth largest field in the world

West Qurna Oilfield is one of Iraq's largest oil fields, located north of Rumaila field, west of Basra. West Qurna is believed to hold 43 billion barrels of recoverable oil reserves, making it the second largest field in the world after Saudi Arabia's Ghawar oil field.


Oil Fields of Kuwait

Burgan Oil Field is located in the desert of southeastern Kuwait is one of the world's largest and richest oil fields. After its discovery in February, 1938, the USA and UK- owned Kuwait Oil Company began commercial oil production at Burgan in 1946. The oil field is so rich that it is one of the world's easiest production sites.

Great Burgan Oilfiled is located in the Great Burgan area holds reserves of approximately 70 billion barrels of oil and is considered to be the world's second largest oil field. These three fields together pump 31' and 33' range crude into 14 tank farms.

Raudhatain Oil Field is an oil field in Northern Kuwait. It contains 6 billion barrels of oil.

Rumaila Oil Field is a giant oil field located in southern Iraq, approximately 32 km from the Kuwaiti border. Rumaila Oil Field was discovered by British Petroleum (BP) in 1953. Under Saddam Hussein, it was nationalized by Iraq. Since then, this massive oil field remains under Iraqi control. Rumaila is considered the fourth largest field in the world.

Oil Fields of Qatar

Al Shaheen Oil Field is a production oil and gas field off the north east of coast of Qatar in the Persian Gulf, 180 kilometres north of Doha. The oil field lies over the North Gas Field, the largest gas field in the world. The field is operated by Maersk Oil Qatar AS of Denmark under a production sharing agreement with Qatar Petroleum, on behalf of the state of Qatar. The oil field was discovered in 1992 by Maersk Oil.

Dukhan Oil Field is a large petroleum-producing field extending over an area of approximately 80km in Qatar. The first well was drilled in 1939/1940 and the first export of petroleum from Dukhan went out in 1949. The field produces up to 335,000 barrels of crude oil per day. It contains 4 reservoirs - Khatiyah, Fahahil and Jaleha/Diyab, 3 are oil reservoirs, and 1 contains non-associated gas. Oil and gas are separated in 4 degassing stations; Khatiyah North, Khatiyah Main, Fahahil Main and Jaleha. Stabilized crude is transported by pipeline to the Mesaieed port.

Oil Fields of UAE

Al-Jalila Oil Field is an oil field located offshore of the United Arab Emirates in the Persian Gulf. The oil field was discovered in early 2010 and production of the oil field was expected by late 2011 according to the UAE government.

Upper Zakum Oil Field is one of the largest, most prolific oil fields in the world that has produced for more than 40 years. Situated about 50 miles (80 kilometers) northwest of Abu Dhabi, the oil field spans more than 288,000 acres (450 square miles) and lies in the deep waters of the Persian Gulf. It is estimated that Upper Zakum contains 50 billion barrels of oil and it currently produces more than one-half million barrels a day. Upper Zakum should remain in production until 2026. Two fields, Upper and Lower Zakum, and is considered to be the fourth largest oil field in the world.

Sajaa Field was discovered in December, 1980 on Amoco's 100% working interest concession in Sharjah, United Arab Emirates. The Sajaa Field is significant as it is both Sharjah's largest producing field and Sharjah's first gas-condensate development.

The original concession covered the entire onshore area of Abu Dhabi and extended 3 miles offshore along the coast and around islands that are part of the emirate. Seismic work in the concession began in 1947. The first exploration well, then the deepest in the Middle East, was drilled at Ras Sadr, near Taweela, in 1950. The first well to be discovered that has commercially viable deposits of hydrocarbons, Murban-3, was drilled in 1960 and production commenced from the Bab Field in 1963. ADCO's second field at Bu Hasa began production in 1965. Asab and Sahil fields came on line in the 1970s and Shah in 1983. By the early 1970s water injection for reservoir pressure maintenance purposes had been undertaken in Bab and Bu Hasa fields.

Asab Field is located approximately 185 km south of Abu Dhabi in rolling sand dunes some 30 km north of the Liwa oasis.

Sahil Field is located approximately 90 km south of Abu Dhabi town and 48 km North of Asab station.

Shah Field is located about 230 km south of Abu Dhabi and about 70 km south west of Asab Field. It covers an area of 160 square kilometers.

Bu Hasa field is located south west of Abu Dhabi city in sand dunes and intervening plains between the areas of Saruq Qufa and Bida Al Qemzan. The field was first discovered in 1962 and oil production commenced in 1965. It has the highest installed production capacity of any of ADCO's fields. In terms of proven oil reserves, it is one of the top twenty fields in the world.

North East Bab (NEB) field comprises three major structures containing some of ADCO's largest oil reserves, namely, Al Dabb'iya, Rumaitha and Shanayel. NEB fields are located in the one of the most environmentally sensitive area of all ADCO fields.

Bab field is located in a desert area approximately 160 km southwest of Abu Dhabi city. The land type surrounding Bab is generally categorized as flat terrain with sand plains and dunes

Qusahwira Field located south east of the UAE capital (Abu-Dhabi). Qusahwira oil field, about 80 km southeast of Asab field.

Oil Fields of Bahrain

Bahrain was the first place on the Arabian side of the Persian Gulf where oil was discovered. Bahrain has proven oil reserves of 125 million barrels, all in one field - Awali.

Awali field was discovered in 1932, and was the first oil field developed in the Persian Gulf. In the early 1970s. Currently, however, production at the Awali field is declining. In 2001, Awali produced only 35,000 barrels per day (bbl/d) of crude oil.

First Oil Well it is the first oil well in the Arabian side of the Persian Gulf and is located in Bahrain. The well is situated below Jebel Dukhan. Oil first spurted from this well on 16 October 1931, and the well finally began to blow heads of oil on the morning of 2 June 1932.

Oil Fields of Oman

Yibal is the largest oilfield in Oman. It began production in 1968, and at its peak had a production of nearly 250,000 barrels per day . In recent years, it has begun to decline, and in 2005 produces about 88,000 barrels per day . The Yibal oil field is operated primarily by Royal Dutch Shell.

Marmul heavy-oil field is located in South Oman in the province of Dhofar. Marmul Al-Khalata (AK) reservoir is the largest of the three main reservoirs in the Marmul field containing highly viscous, medium density crude.

Oil fields of Saudi Arabia

Ghawar Oil Field located in Al-Ahsa Governorate, it is by far the largest conventional oil field in the world. Ghawar was discovered in 1948 and put on stream in 1951The field is entirely owned and operated by Saudi Aramco, the nationalized Saudi oil company.

Khurais Oil Field in Saudi Arabia that went online on June 10, 2009, adjacent to the world's largest, the Ghawar trend. The Khurais field, with an area of 2,890 km² and 127 km long, located about 250 km southwest of Dhahran and 300 km north southeast of Riyadh. Pilot-scale production at Khurais began in 1963, but the field was never fully developed.

Qatif Project is an oilfield development project in Qatif, Eastern Province, Saudi Arabia. Qatif field located in north of Dhahran and not far from Ras Tanura, operated by the country's national oil company Saudi Aramco. The Qatif Producing Plants are the largest crude increment built in recent times, and the world's largest crude production facility. The completion of the project added 650,000 barrels per day to the 150,000 barrels per day already produced from the Abu Safah field.

Safaniya Oil Field is the largest offshore oil field. It is located about 265 kilometres (165 mi) north of the company headquarters in Dhahran in the Persian Gulf, Saudi Arabia. Measuring 50 by 15 kilometres with a producing capability of more than 1.2 million barrels per day. The oil field is operated and owned by Saudi Aramco. The oil field was discovered in 1951. It is considered the largest offshore oil field in the world. When it was first put in production in 1957, it flowed 50,000 barrels per day of crude oil from 18 wells.

Shaybah Oil Field is a super-giant oil field located in Shaybah. It was discovered in 1998 and developed by Saudi Aramco. The oil field is operated and owned by Saudi Aramco. The total proven reserves of the Shaybah oil field are around 14 billion barrels, and production is centered around 1,000,000 barrels per day.

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Middle East Oil Discovered | Middle-East Oil Reserves

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