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| The '''Fateh Oil Field''', also called the '''Fath Oil Field''', is an area of offshore oil production approximately {{convert|60|mi|km}} from ] and within |
The '''Fateh Oil Field''', also called the '''Fath Oil Field''', is an area of offshore oil production approximately {{convert|60|mi|km}} from ] and within ] territorial waters in the ]. The oil field is managed by ]. | ||
| ==History== | |||
| The oil field was discovered in 1966. In 1968, ] announced plans to construct a {{convert|500000|oilbbl|m3}} underwater oil storage facility to hold petroleum extracted from the field. The underwater storage was a world first, as before that time, offshore oil production had been channeled to onshore storage and tanker loading facilities.<ref>, The New York Times. June 12, 1968. Page 67. Retrieved March 16, 2011.</ref> The first of these underwater holding tanks, called "''Khazzan''", was completed in 1969, the date the first barrel of oil was shipped from the field to world markets on September 22, 1969.<ref>{{Cite web |date=2010-02-04 |title=Oil in Dubai: History & timeline |url=https://gulfnews.com/business/energy/oil-in-dubai-history--timeline-1.578333 |access-date=2024-09-09 |website=gulfnews.com |language=en}}</ref> | |||
| In 2014, significant volumes of gas were discovered in deep gas exploration well at the Fateh oil field.<ref>{{cite web|url=https://oilreviewmiddleeast.com/gas/dubai-petroleum-company-discovers-gas-at-fateh-field|title=Dubai Petroleum Company discovers gas at Fateh field|publisher=Oil Review Middle East|date=15 October 2014}}</ref> | |||
| ==References== | ==References== | ||
Revision as of 02:35, 31 October 2024
Oil production area in the United Arab Emirates| Fateh Oil Field | |
|---|---|
| Country | Dubai, United Arab Emirates |
| Region | Persian Gulf |
| Offshore/onshore | offshore |
| Field history | |
| Discovery | 1966 |
| Start of production | 1969 |
The Fateh Oil Field, also called the Fath Oil Field, is an area of offshore oil production approximately 60 miles (97 km) from Dubai and within emirate of Dubai territorial waters in the Persian Gulf. The oil field is managed by Dubai Petroleum.
History
The oil field was discovered in 1966. In 1968, Continental Oil Company announced plans to construct a 500,000 barrels (79,000 m) underwater oil storage facility to hold petroleum extracted from the field. The underwater storage was a world first, as before that time, offshore oil production had been channeled to onshore storage and tanker loading facilities. The first of these underwater holding tanks, called "Khazzan", was completed in 1969, the date the first barrel of oil was shipped from the field to world markets on September 22, 1969.
In 2014, significant volumes of gas were discovered in deep gas exploration well at the Fateh oil field.
References
- "Development Is Set For Fateh Oil Field", The New York Times. June 12, 1968. Page 67. Retrieved March 16, 2011.
- "Oil in Dubai: History & timeline". gulfnews.com. 2010-02-04. Retrieved 2024-09-09.
- "Dubai Petroleum Company discovers gas at Fateh field". Oil Review Middle East. 15 October 2014.
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