Halfaya Field
Encyclopedia
Halfaya Field is an oil field
Oil field
An oil field is a region with an abundance of oil wells extracting petroleum from below ground. Because the oil reservoirs typically extend over a large area, possibly several hundred kilometres across, full exploitation entails multiple wells scattered across the area...

, located east of Amarah
Amarah
Amarah , is a city in southeastern Iraq, located on a low ridge next to the Tigris River waterway south of Baghdad about 50 km from the border with Iran. It lies at the northern tip of the marshlands between the Tigris and Euphrates....

, Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....

. Halfaya is proven to hold 4.1 Goilbbl of recoverable reserve and has production potential of 200000 oilbbl/d but only produces 3000 oilbbl/d currently.

In December 2009, the China National Petroleum Corporation
China National Petroleum Corporation
China National Petroleum Corporation is a state-owned fuel-producing corporation and the largest integrated oil and gas company in the People's Republic of China...

 was awarded a 50% stake in the development of the field and France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...

's Total S.A.
Total S.A.
Total S.A. is a French multinational oil company and one of the six "Supermajor" oil companies in the world.Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and...

 along with Malaysia's Petronas
Petronas
PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...

were awarded a 25% stake. The consortium plans production at 535000 oilbbl/d.
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