Company
discovered quantities of a "significant" oil and gas reserves
figures raise Iraq
 Sinbad and the field is located in the district of the Shatt al-Arab near the Iraq-Iran border; has tried to Brazil's Petrobras to explore in 1974 but failed. The head of the excavation and reclamation in the Southern Oil Company, on behalf of Mohammed Khudair, in a press statement, received / Iraq Press /, a copy of which, on Saturday, he "dug wells at a depth of 4371 meters and discovered large quantities of crude oil and natural gas in the layer Yamamah reached For more than six thousand barrels of oil per day in addition to the 16-17 "Mqmq" of natural gas, and this encouraging, "noting," The next step will be to explore layer Zubair field. " He added, "We believe that this discovery will change the number of Iraqi crude oil reserves and natural gas," he said, adding that "the trend this year for the oil ministry is to explore and develop oil fields border; Vlhma been focusing on this field by the South Oil Company, but the experiment were not easy ; because of the reluctance of specialized international companies that had been demanded for the amounts of money directly to work. " He Khudair that "this matter has increased the insistence of the cadres of the Ministry of Oil of the two companies oil exploration and drilling Iraqi Southern Oil Company to continue to work," noting that "cost the completion of the first phase of this project, less than five times, which was demanded by foreign companies and this is a page bright in the register of the Ministry of Oil and Iraqi cadres. " It is scheduled to be put a large number of patches of oil and gas exploration tender in new licensing rounds organized by the Ministry of Oil and mid next year. Q ended |
Friday, January 3, 2014
Company discovered quantities of a "significant" oil and gas reserves figures raise Iraq
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