Majnoon oil field

Majnoon
Location of Majnoon
CountryIraq
Locationnear Basra
Offshore/onshoreonshore
Coordinates31°18′N 47°22′E / 31.3°N 47.36°E / 31.3; 47.36 31°3′58″N 47°36′39″E / 31.06611°N 47.61083°E / 31.06611; 47.61083
OperatorAnton Oilfield Services
Petrofac
PartnersBasra Oil Company (BOC) - 45%
Petronas - (30%)
Missan Oil Company - (25%)
Service contractorsKBR
Field history
Discovery1975
Production
Current production of oil245,000 barrels per day (~1.22×10^7 t/a)
Estimated oil in place12,600 million barrels (~1.72×10^9 t)
Producing formationsUpper Cretaceous

The Majnoon Oil Field is a super-giant oil field located 60 km (37 mi) from Basra in southern Iraq. Majnoon is one of the richest oilfields in the world with an estimated 38 billion barrels of oil reserves. The field was named Majnoon which means crazy in Arabic in reference to excessive amount of oil in a dense area.