From dwarf to giant
Maersk Oil is in the final stages of implementing the 2005 Field Development Plan (FDP) for the giant Al Shaheen field. All facilities, including 15 new platforms, were installed and hooked up in 2010. The drilling plan is continuing into early 2011 with over 160 wells planned. Studies into Enhanced Oil Recovery (EOR) are being made and new field development ideas are under discussion.
Maersk Oil built and is operating additional facilities for the gathering and delivery of associated gas to Qatar Petroleum for utilisation at their onshore plants.
Current oil production is just over 300,000 barrels a day.
Additional information
In 1992, Maersk Oil entered into an Exploration and Production Sharing Agreement (EPSA) with Qatar Petroleum on behalf of the Government of Qatar. Maersk Oil has the right to explore and exploit Block 5 - an offshore area of 3,500 square kilometres - and its geological formations above the Khuff Formation, containing the world’s largest non-associated natural gas field; the North Field.
In 2004, Maersk Oil entered into an EPSA for Block 5 Extension Area, covering an area of 139 square kilometres north of Block 5 but applicable to Block 5 reservoirs.