Occidental, QP agree to next-phase offshore Qatar

Occidental Petroleum of Qatar and Qatar Petroleum have agreed on the Phase 5 field development plan for the Idd El Shargi North Dome field (ISND) offshore Qatar.

Offshore staff

LOS ANGELES – Occidental Petroleum of Qatar and Qatar Petroleum have agreed on the Phase 5 field development plan for the Idd El Shargi North Dome field (ISND) offshore Qatar.

The two parties have collaborated on the field since signing a development and production-sharing agreement with Qatar’s government in mid-1994. Their goal is to sustain oil production levels at around 100,000 b/d over the next six years.

ISND Phase 5’s program will include implementing or improving water-flooding practice in all the field’s oil-producing reservoirs.

The partners plan to drill more than 200 new production, water injection and water source wells, and install associated facilities to support these wells, including minimum facilities platforms, wellhead jackets, fluid processing equipment, and pipeline debottlenecking and water source projects.

In addition, they will implement pilot studies to support produced water re-injection and enhanced oil recovery projects. Total costs could exceed $3 billion.

Under separate contractual arrangements Oxy Qatar also operates the Idd El Shargi South Dome and Al Rayyan fields in offshore block 12, in partnership with Dolphin Energy.

7/16/2013

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