Al-Khaleej Gas Project-1 is a producing conventional gas field located in shallow water in Qatar and is operated by Exxon Mobil. The field is located in block Rasgas Block A, with water depth of 230 feet.
Field participation details
The field is owned by Exxon Mobil.
Production from Al-Khaleej Gas Project-1
The Al-Khaleej Gas Project-1 conventional gas field recovered 37.73% of its total recoverable reserves, with peak production in 2014. The peak production was approximately 29.67 thousand bpd of crude oil and condensate, 744 Mmcfd of natural gas and 13.56 thousand bpd of natural gas liquids. Based on economic assumptions, production will continue until the field reaches its economic limit in 2074. The field currently accounts for approximately 3% of the country’s daily output.
Remaining recoverable reserves
The field is expected to recover 1,468.76 Mmboe, comprised of 260.65 Mmbbl of crude oil & condensate and 7,248.62 bcf of natural gas reserves. Al-Khaleej Gas Project-1 conventional gas field reserves accounts 0.48% of total remaining reserves of producing conventional gas fields globally.
About Exxon Mobil
Exxon Mobil Corp (ExxonMobil) is an integrated oil and gas company that discovers, explores for, develops and produces crude oil, natural gas and natural gas liquids. It carries out the refining of crude oil; produces, transports, trades and sells petroleum products; and manufactures lube basestocks and finished lubricants. The company also manufactures and markets commodity petrochemicals including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It operates through a network of manufacturing plants, transportation systems, and distribution centers. The company has operational presence in North America, Latin America, Asia Pacific, Europe, the Middle East and Africa. ExxonMobil is headquartered in Irving, Texas, the US.
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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