Qatar's oil production capacity rises to 1 mm bpd

Dec 03, 2009 01:00 AM

Qatar's oil-production capacity increased 4.2 % to an estimated 1 mm bpd in 2009, the US Energy Department said in a report on the Persian Gulf nation.
"Though Qatar's petroleum production has grown steadily since 2002, Qatar's fields are maturing," the Energy Department's Energy Information Administration said in the report. "To offset anticipated declines, enhanced oil recovery techniques are being considered for several fields."

Through a production sharing agreement with Maersk Oil, Qatar aims to increase the capacity of its Al Shaheen offshore oil field to more than 500,000 bpd from 340,000 currently, the Energy Department said.
Qatar has the capacity to pump 335,000 bpd from its Dukhan field and 100,000 bpd from its Bul Hanine and Maydan Marjam fields, according to the report. It holds 15.2 bn barrels of proven reserves, according to the report. The country, the second-smallest crude producer in the Organization of Petroleum Exporting Countries behind Ecuador, pumped 760,000 barrels of oil a day in November.

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