Halfaya Field

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Halfaya Field is an Iraqi oil field, located east of Amarah. Halfaya is proven to hold 4.1 Goilbbl of recoverable reserve and has production potential of 200000 - 535000 oilbbl/d. The China National Petroleum Corporation-led group finished the first phase of development in June 2012, increasing production from 3000 oilbbl/d to 100000 oilbbl/d 15 months ahead of schedule. CNPC has started preliminary work on the second phase of Halfaya, which will bring the capacity to 200,000 bpd. In December 2009, the China National Petroleum Corporation was awarded a 50% stake in the development of the field and France's Total S.A. along with Malaysia's Petronas were awarded a 25% stake. The consortium plans production at 535000 oilbbl/d.

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