Global Energy Review
Qatar
Qatar's main preoccupation is with gas rather than oil. Even its downstream sector is based to a considerable extent on gas and NGL. Gas liquids' production is just over 0.1 mn bpd.
Oil reserves have been revised sharply upwards since 2000. Throughout the previous decade, most external estimates of recoverable reserves lay between 3 bn bbl and 4 bn bbl. The new estimates are suspiciously high.
Qatar's main field is the onshore Dukhan field. There are also six significant offshore fields, which have attracted considerable foreign interest. Production has risen sharply since the mid-1990s (see chart, below) and looks set to go on rising, though probably not by very much.
Production Outlook
Qatar appears to anticipate production of 1 mn bpd within a few years, though this may constitute an upper limit to output. The forecast presented here is rather more conservative. NGL output could roughly double between now and 2010, to 0.2 mn bpd, or just over.
Crude-oil production is forecast as follows:
| 2003 | 0.7 mn bpd |
| 2010 | 0.8 mn bpd |
Indonesia, Reserves & Production, 2003
| Reserves: | 15.2 bn bbl |
| Reserves remaining: | 59.4 years |
| Production capacity: | 0.75 mn bpd |
| OPEC Quota (Nov '03): | 0.64 mn bpd |
| Production: | 0.70 mn bpd |
| Consumption: | 0.05 mn bpd |
| Net trade: | 0.65 mn bpd |
| Peak output | * |
| Peak year | * |
Production 1991-2003
OET Archive
External links
- Qatar Petroleum [ http://www.qp.com.qa/qp.nsf
- Qatar Info [ http://www.qatar-info.com/ ]
