The Burgan Oil Fields

The Burgan Oil Fields

As Kuwait-born Fahad Al-Rajaan will be well aware, the Burgan field (also known as Greater Burgan) is an oil field which is situated in the south east of Kuwait. In the third part of our series, we take a look at the Burgan oil field. Greater Burgan is the biggest sandstone oil field in the world, and the second biggest oil field overall, after Ghawar. The Greater Burgan area encompasses the Burgan oil field itself as well as the Ahmadi and Magwa fields. Oil seeps in Great Burgan have been traced back to neolithic times, a bituminous material discovered on a reed boat found at As Sabiyah in north Kuwait dating back to around 5000 BC. Burgan oil field’s subsurface reservoirs were found by the Kuwait Oil Company (a United States/United Kingdom conglomerate) in 1938. They began producing commercial oil in Burgan in earnest in 1946. The Greater Burgan is the world’s largest clastic oil field. It has a total surface area in excess of 1000 square kilometres. Great Burgan features three oil-producing subfields: Magwa Ahmadi Burgan The oil contained in these reserves dates back to the Cretaceous era. The total production potential for recoverable oil in the area is estimated at somewhere between 66 and 75 billion barrels. Greater Burgan is also believed to have some 70 trillion cubic feet of natural gas reserves. In 2005, Burgan’s oil production capacity was measured at 1,700,000 barrels per day. According to Oil Patch Asia, in 2013 Greater Burgan was the fourth most productive oil field in the world. The Kuwait Oil company’s Chief Executive remarked in interview in 2010 that...
The Origins of Kuwait’s Oil Industry

The Origins of Kuwait’s Oil Industry

Following on from last week’s post, we look at beginnings of the oil industry of Kuwait, a country which is believed to have the fourth largest oil reserve in the world today. Kuwait’s oil industry began in 1921, when Sheikh Ahmad Al Jaber Al Sabah became Kuwait’s ruler. The Sheikh was aware of prospectors’ activities in neighbouring countries, Bahrain, Iraq and Saudi Arabia, not to mention the Anglo-Persian Oil Company’s widely publicised success in Iran. Sheikh Ahmad Al-Jaber Al-Sabah wanted to ensure that Kuwait got its cut of the action. The country’s main industry, the age old art of diving for pearls, was coming under threat due to the jewellery industry’s move to cultured pearls. When ominous black pools of a bituminous substance were located in the desert, Sheikh Ahmad Al-Jaber Al-Sabah grew hopeful that this indicated underground oil reserves which might rejuvenate the Kuwaiti economy. Expectations were greatly elevated by the finding of oil reserves in Bahrain during 1932. The Sheikh officially granted the first oil concession in December 1934 to Kuwait Oil Company Limited. The company was formed by the Anglo-Persian Oil Company (today known as BP) and the Gulf Oil Corporation (today the company we know as Chevron). Burgan, a desert area in south eastern Kuwait, was highlighted as an area of interest in speculative reports. The first discovery of oil in Kuwait was made in 1938. By 1946, the State of Kuwait had begun exporting oil all over the world. During the 1970s, as was the policy of other oil producers in the Middle East, began to nationalise its natural resources. The state’s interest in...
The Kuwaiti Oil Industry

The Kuwaiti Oil Industry

The State of Kuwait, is situated in the Middle East, an area believe to be home to some 75% of the entire world’s oil reserves. Kuwait is a major petroleum producer, refiner and exporter. Today, the country is involved in projects with several major oil companies. Kuwait is believed to have the fourth largest oil reserve in the world. Embed This Graphic On Your Site: <img src=’https://s-media-cache-ak0.pinimg.com/564x/dc/dd/17/dcdd170ad30c7e2b6f29fab3725d0500.jpg’ width=’540′><br /><a href=’http://www.fahadalrajaan.com/the-kuwaiti-oil-industry/’><br /></a></p><br /> <p>The Discovery of Oil in Kuwait [Infographic]</a></p><br /> <p></a>...