Company discovers quantities “significant” increase oil and gas reserves figures Iraq
Company discovers quantities “significant” increase oil and gas reserves figures Iraq
THURSDAY, NOVEMBER 21 2 / 2013 09:48
Twilight News / An official at the South Oil Company, on Thursday, on the presence of large quantities of crude oil and natural gas in the field of Sinbad 2 within the Sinbad oil field, as pointed out that this discovery will change the number of Iraqi crude oil reserves.
Sinbad field is located in the district of the Shatt al-Arab near the Iraq-Iran border; has tried the Brazilian company Petrobras in 1974 explored but failed.
The head of the excavation and reclamation in the South Oil Company, on behalf of Mohammed Khudair, in a press statement received “Twilight News” copy of it, he “dug wells at a depth of 4371 meters and discovered large quantities of crude oil and natural gas in the layer Yamamah arrived 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 the Zubair layer in the field. ”
And added, “We believe that this discovery will change the number of Iraqi crude oil reserves and natural gas,” 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 the world’s leading companies, which was demanding sums of money directly to work. ”
He Khudair that “this matter has increased the insistence of the cadres of the Ministry of Oil of my company oil exploration, drilling and Iraqi Southern Oil Company to continue to work,” noting that “commissioned the completion of the first phase of this project, less five times, which was demanded by foreign companies and this is page shining in the register of the Ministry of Iraqi oil and the Angels. ”
It is scheduled to be put to a large number of patches of oil and gas exploration of the new tender in licensing rounds organized by the Ministry of Oil middle of next year.
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