Oil: a large oil discovery in Basra 8000 barrels per day
Oil: a large oil discovery in Basra 8000 barrels per day
Posted, 25 December / 1 December 2014 23:41
[Baghdad-where]
The Oil Ministry announced on achieving a significant oil discovery in the formation of [dove] and at a depth of 4000 meters in the well Faiha [1] within the exploration area [9] in the province of Basra.
He said ministry spokesman Assem Jihad, said in a statement received by all of Iraq [where] a copy of the “consortium of Kuwait Energy Kuwait and UAE’s Drakoun Oil was able to achieve this great discovery.”
“The tests carried out on the detected configuration proved that production rates which range between [5000 – 8000] barrels per day,” adding that “the coalition had previously made an oil discovery is another important in the formation of the supervisor in the well Faiha [1] within the same area of exploration “.
Jihad said that “these discoveries Sbivan significantly increase the total production of oil fields,” adding that “the Coalition will conduct further drilling and evaluation of the development of this oil field.”
The consortium of Kuwait Energy and Oil Drakoun won a contract to explore and develop the patch exploratory ninth.
The company Kuwait Energy] Kuwait has won within the coalition contract to explore oil in the patch ninth], which occupies an area of 900 square kilometers, located in Basra province in the fourth round of licenses held by the Iraqi Oil Ministry on 30 May 2012.anthy
alliraqnews.com
