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Ratawi Oil Field Full Development

Sector: Oil and Gas • Location: Ratawi, Iraq

Source: Crude Oil Prices Today | OilPrice.com

Project
Under Construction

The full field development of the Ratawi oil field includes a first phase started in September 2023 to increase oil production to 120,000 bpd operational by early 2026, and a second phase to boost production to 210,000 bpd starting in 2028 with no routine flaring. Gas produced will be processed through the Gas Midstream Project to supply electricity to the national grid.

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Project Information

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The project “Ratawi Oil Field Full Development” is an infrastructure initiative in the Oil and Gas sector, located in Ratawi, Iraq. Taiyo aggregates data on it from Crude Oil Prices Today | OilPrice.com.

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Participants

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Status

Original status

under construction

Taiyo status

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Description

Description

The full field development of the Ratawi oil field includes a first phase started in September 2023 to increase oil production to 120,000 bpd operational by early 2026, and a second phase to boost production to 210,000 bpd starting in 2028 with no routine flaring. Gas produced will be processed through the Gas Midstream Project to supply electricity to the national grid.

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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