The Zubair oil field is located in southern Iraq, about 20 km southwest of Basrah, Iraq. Discovered by the Basrah Petroleum Company in 1949, the onshore oil field contains 4.5 billion barrels of proven reserves. The field is being redeveloped by a consortium that was awarded the field licence in October 2009 for a period of 25 years.
The field currently produces about 360,000 barrels of oil per day. The redevelopment project will increase the field’s production capacity to 850,000 barrels of oil per day.