ExxonMobil Sign a Contract to Drill 20 Wells in Iraq

Source: KUNA 5/2/2012, Location: Middle East

US oil giant company ExxonMobil Corporation has signed a contract with the Iraq drilling company, a state run co., to drill 20 oil wells in west Qurna-1 oil field in Basra, south of Iraq. On the sidelines of the signing ceremony, Idris Mohsen al-Yasseri, director-general of the Iraq co., said that the Project is scheduled to complete within 24 months as of today and cost up to USD 100 million. According to al-Yasseri, the Iraq Company has also signed a deal with oil services company shlngber to offer services associated with drilling requirements such as governing and miscellaneous services.

ExxonMobil has previously won a contract bid on a development service to west Qurna-1 oil field at a cost of USD 1.9 million per extra barrel.


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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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