Yusuf bin Muhammad Al-Ajili, head of the BP Company unit in the Sultanate of Oman, was quoted by the Omani News Agency as saying that gas production in the Khazan field, known as Ghazir, would add 500 million cubic feet by the end of this year.
Al-Ajeeli told the agency that the gas production from the Khazzan gas project currently reaches one billion cubic feet and will rise to 1.5 billion cubic feet of gas per day while the company produces about 35 thousand barrels of condensate per day, and this rate is expected to double when production starts Eat from a prolific project.
He added that the construction of installations on the site is proceeding at a rapid pace, so far 126 of the 300 wells planned for the project have been drilled.
Al-Ajeeli indicated that investments in the project amounted to $ 9.3 billion at the end of the first quarter out of a total estimate of investments in the project area of $ 16 billion.
BP resumed gas production in the Khazan field in early April following a planned three-week closure.
