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The Rumaila oil field is a super-giant oil field [1] located in southern Iraq, approximately 50km to the south west of Basra City. [2] Discovered in 1953 by the Basrah Petroleum Company (BPC), an associate company of the Iraq Petroleum Company (IPC), [3] [4] [5] the field is estimated to contain 17 billion barrels, which accounts for 12% of Iraq's oil reserves, estimated at 143 billion barrels.
Rumaila Operating Organization was founded by BP, PetroChina, the State Oil Marketing Organization (SOMO) and Basra Oil Company (BOC) (formerly South Oil Company (SOC)) in order to operate the 20-year rehabilitation and expansion of Rumaila oil field in southern Iraq, [1] which was discovered in 1953 and has been in operation since 1954, with extensive exploration and production since the late ...
The Rumaila oil field is in the southern Basra region, near the border with Kuwait. Thirty-eight kilometers long and 12 kilometers wide, it contains an estimated 17.7 billion barrels of oil. [25] One of the world's largest oil fields, Rumaila accounts for about one-third of Iraq's oil production. [26]
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In 1954 a 12-inch line was laid to the Rumaila oil field, 20 miles to the west. Rumaila began commercial production at the end of 1954. [9] During 1957 an 18-mile 16-inch loop was laid between the fields. [16] At the end of 1960, work was underway to convert the original 12-inch line to a 50-mile gas carrier between Rumaila and Basra. [14]
West Qurna (Arabic: غرب قرنة) is one of Iraq's largest oil fields, located north of Rumaila field, 65 km northwest of Basra. West Qurna is believed to hold 43 billion barrels (6.8 × 10 ^ 9 m 3) of recoverable reserves – making it one of the biggest oil fields in the world. [1] Until 2009, the field was closed to Western firms. [2]
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