Ratawi oil field
The Ratawi oil field is an oil field located in Basra Governorate. It was discovered in 1950 and developed by Basrah Oil Company. It will begin production in 2018 and will produce oil. The total proven reserves of the Ratawi oil field are around 10 billion barrels (1.6×109 m3), and production will be centered on 250,000 barrels per day (40,000 m3/d).[1]
| Ratawi | |
|---|---|
| Country | Iraq |
| Region | Basra Governorate |
| Offshore/onshore | onshore |
| Operator | Basrah Oil Company |
| Field history | |
| Discovery | 1950 |
| Start of production | 2018 |
| Production | |
| Current production of gas | 8.6×106 m3/d 300×106 cu ft/d 3×109 m3/a (110×109 cu ft/a) |
| Estimated oil in place | 1408 million tonnes (~ 2×109 m3 or 10000 million bbl) |
| Estimated gas in place | 50×109 m3 1.75×1012 cu ft |
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