16 / 37
Potentially Low Risk Development Play
Faihaa Field
Source: GCA report.
FH-
1
FH-
2
FH-
3
Proposed pipelines
to Bin
Umar
15
Block 9: Development Commencing on a Key Asset
o
Large reserves and resource base already
identified;
over 2.5 bnboe 2P+2C discovered
o
Production has commenced, providing early cash
flow and reservoir understanding
o
Onshore assets, near existing evacuation facilities
▪
Knowledge of wells and structural features
from nearby IOC/NOC operated fields
▪
Same producing zones – Yamama and Mishrif
o
Secondary recovery techniques such as water and
gas injection may be available, subject to approval
and sufficient capex
▪
Multiple precedents on similar fields in the
region demonstrated recovery factors
between 30-40%
o
Kuwait Energy Full Field Development Plan
targeting the full 2P+2C resource base