The Joint Management Committee (Board) of the Mukhaizna Field approved the Development Plan presented by the Operator, Occidental, at its meeting held on 3rd May in Muscat.
In accordance with the Plan, production from the field will gradually increase to 50,000 barrels/day in 2008 and, and it is forecasted that a "plateau" of 150,000 barrels/day will be reached in 2012 and maintained for 10 years. The total estimated reserves for the 30 years' duration of the Production Sharing Agreement are about 1 billion barrels.
Extraction of the viscous, 14-18º API Mukhaizna crude will be achieved using an enhanced oil recovery system comprising horizontal producing wells and massive steam flooding of the reservoir through vertical injectors.
