Situated 80 kilometers offshore Qatar, Al-Shaheen field holds a prominent place in the global oil scene as it's counted among the world's largest oil reserves based on 'oil in place.' Initiating commercial activities from this oil-rich field introduced a new phase in Qatar's energy sector development and established the nation's strong foothold in the international petroleum market.
1. Al-Shaheen field, located 80 kilometers offshore Qatar, is one of the world's largest oil reserves.
2. Initiating commercial activity from Al-Shaheen marked a significant phase in the development of Qatar's energy sector and strengthened its position in the international petroleum market.
3. Development in Al-Shaheen field started in the mid-1990s following an Exploration and Production Sharing Agreement between Qatar Petroleum and Maersk Oil.
4. This partnership led to the drilling of over 300 wells across a broad area covering 10 platforms.
5. The Al-Shaheen field, with its medium grade crude oil spread across multiple complex reservoir layers, plays a significant role in Qatar's oil production, cementing its status as one of the world's leading oil producers.
Al-Shaheen oil field has an estimated reserve of over 14 billion barrels of oil.
Development in the Al-Shaheen field began in the mid-1990s with the signing of an Exploration and Production Sharing Agreement (EPSA) between Qatar Petroleum and Maersk Oil. This resulted in over 300 wells being spud across a broad area spanning 10 platforms. The field's reservoirs contain medium grade crude oil spread across multiple complex reservoir layers. Over its lifetime, the Al-Shaheen field has contributed significantly to Qatar's oil production, solidifying its status as one of the world's leading oil producers.