Durra | |
---|---|
Country | Kuwait, Iran, Saudi Arabia, Saudi Arabian–Kuwaiti neutral zone |
Region | Persian Gulf |
Offshore/onshore | offshore |
Field history | |
Discovery | 1967 |
Start of production | 2013 |
Production | |
Current production of gas | 43×10 6 m3/d 1.5×10 9 cu ft/d 15.7×10 9 m3/a (550×10 9 cu ft/a) |
Estimated gas in place | 571×10 9 m3 20×10 12 cu ft |
The Durra gas field (Persian: Arash gas field میدان گاز آرش)[1] is an offshore natural gas field located in the neutral zone between Kuwait, Iran and Saudi Arabia.[2] It was discovered in 1967. It began production in 2013 and produces natural gas and condensates. The total proven reserves of the Durra gas field are around 20 trillion cubic feet (571×109m3) and production is slated to be around 1.5 billion cubic feet/day (43×106m3).[3]
In December 2022, Saudi Aramco and Kuwait Gulf Oil Company signed a Memorandum of Understanding to develop the Durra field jointly. The development aims at producing 1 billion cubic feet of gas and 84,000 barrels of LNG per day.[4]
As of July 5, 2023, the natural resources within this region are confirmed to be fully owned by Saudi Arabia and Kuwait, as affirmed by a source from the Saudi Foreign Ministry stated in a Saudi Gazette Article.[5] The Saudi gazette article highlights the exclusive sovereign rights of both nations over the use of the offshore resources and emphasizes the call for negotiations with Iran to demarcate the eastern border of the divided offshore area in accordance with international law.
References
- ↑ "Iran reacts to issues raised about Arash gas field". Tehran Times. 11 July 2023.
- ↑ "Iran says Saudi-Kuwaiti deal on Durra gas development 'illegal'". Reuters. 26 March 2022.
- ↑ "Iran replaces ONGC with state company in oil field". indiatimes.com. 2013. Retrieved 2014-05-11.
- ↑ "Aramco Gulf Operations, Kuwait's KGOC agree to develop Durra gas field, the Saudi news agency reports". Reuters. 2022-12-11. Retrieved 2022-12-15.
- ↑ "Saudi Foreign Ministry: Saudi Arabia and Kuwait exclusively own Durra offshore field". Saudigazette. 2023-07-05. Retrieved 2023-07-05.