Oil-in-place of Darquain oil field is around 3.6 billion STB of the estimated formation . The predicted recoverable reserves is estimated as 1.5 billion barrels of oil in Fahlian formation based on a 40 year plateau.which is going to be produced based on a 40 year plateau.The development will be done in two phases .
The sustainable platform rate of production at the end of second phase which will be 65 months from the effective date is envisaged to be 160,000 barrels of oil per day . |