Al Khalij

Al Khalij Oil Field Profile

Location

The Al Khalij oil field is located offshore in Qatar, specifically 140 kilometres northeast of Doha and 40 kilometres northeast of Halul Island.

Geology and Reservoir

The field produces medium sour crude oil with an API gravity of 27.5°API from Cretaceous carbonates. The reservoir is characterized by these Cretaceous carbonates, which are the primary source of the oil.

Ownership and Operation

The Al Khalij oil field is jointly owned by QatarEnergy and TotalEnergies. TotalEnergies E&P Qatar, a subsidiary of TotalEnergies SE, operates the field.

Production

The field has been in production for several years, with peak production achieved in 2005. As of the latest data, the field has recovered approximately 68.06% of its total recoverable reserves. Production is expected to continue until the field reaches its economic limit in 2072.

Infrastructure and Development

The Al Khalij field has been developed in several phases, starting with the central area, followed by the eastern and southern areas. The oil produced from the field is transported by pipeline to the terminal on Halul Island, where it is processed and mixed with production from other neighboring offshore fields.

Historical Development

• Phase One: The initial development focused on the central area of the field.
• Subsequent Phases: The eastern and southern areas were developed in subsequent phases.
• Infrastructure: The field is connected to Halul Island via pipelines for processing and mixing with other field productions.

Costs and Economics

The economic analysis of the field includes various cost components such as:

• Exploration Costs
• Capital Costs
• Operating Costs
• Sales Contracts The report also includes detailed economic assumptions, cash flow analysis, and revenue distribution models, including discounted and undiscounted cumulative net cash flow calculations.

Fiscal and Regulatory

The field operates under concession terms that were revised in 2014. Key fiscal terms include:

• Royalty
• Income Tax
• PSC (Production Sharing Contract) Terms: These include bonuses, royalty, cost oil, and profit oil allocations.

Field Participation Details

The field is a joint venture between QatarEnergy and TotalEnergies, with TotalEnergies E&P Qatar serving as the operator.

Production Profile

The production profile indicates that the field has already recovered a significant portion of its reserves and is expected to continue producing until 2072. The field's production is integrated with other offshore fields in the region, contributing to Qatar's overall oil output.

In summary, the Al Khalij oil field is a significant offshore oil field in Qatar, operated by TotalEnergies E&P Qatar and owned jointly by QatarEnergy and TotalEnergies. It produces medium sour crude oil and is expected to continue production until 2072. The field's development and operation are supported by extensive infrastructure and governed by specific fiscal and regulatory terms.