Occidental Petroleum of Qatar Ltd. and Qatar Petroleum (QP) have signed an agreement on the Phase 5 field development plan (FDP) for the Idd El Shargi North Dome (ISND) field offshore Qatar.
The ISND Phase 5 FDP work, which has already begun, will continue to sustain oil production levels at 100,000 b/d through the next 6 years. The development activities are expected to constitute an aggregate investment of more than $3 billion, Oxy Qatar reported.
The Phase 5 FDP will entail the drilling more than 200 production, water injection, and water source wells, as well as the installation of associated facilities required to support the additional wells. Added facilities will include minimum facilities platforms, wellhead jackets, fluid processing equipment, and pipeline debottlenecking and water source projects.
In addition, pilot studies to support produced water reinjection and enhanced oil recovery projects will be implemented, Oxy Qatar said.
The ISND Phase 5 FDP includes specific activities identified from upgraded reservoir simulation models to implement and improve water-flooding practices in all oil-producing reservoirs.
The ISND Phase 5 FDP has been prepared in close cooperation between Oxy Qatar and QP as part of the continued development of ISND under the development and production-sharing agreement between the Qatari government and Oxy Qatar, which was entered into in July 1994.
Oxy Qatar, under separate contractual arrangements, also operates the Idd El Shargi South Dome field and the Al Rayyan field on Block 12, and is a partner in Dolphin Energy.
Oxy Qatar is a wholly owned subsidiary of Occidental Petroleum Corp.