Harvesting an abundance of oil and natural gas resources, the Middle East supplies nearly half of all exports to the global oil market. Middle Eastern countries Iran, Iraq, Kuwait, Qatar, Saudi Arabia and the United Arab Emirates are all members of the Organization of the Petroleum Exporting Countries (OPEC), which pumps roughly 40% of the world's oil, with Saudi Arabia leading the pack for the greatest amount of output. OPEC's crude oil production was 28.7 million barrels per day in the first half of 2009.
Field development involves the feasibility and conceptual studies required to figure out the best way to develop, produce and maintain a hydrocarbon resource. It comprises all activities required to develop a field – geology, reservoir engineering, environmental impact, well design, construction, completion design, and surface facilities. Field development plans also include the economic impact and risk assessments to ensure that it aligns with business strategy.