Gulf Oil and Gas accountACCOUNT

Production Starts at the Garraf Oil Field

Source: www.gulfoilandgas.com 9/2/2013, Location: Middle East

Japan Petroleum Exploration Co., Ltd. (JAPEX) is pleased to announce that the First Oil has been achieved on August 31(LCT), 2013 from the Garraf oil field in Thi Qar Province, the southern part of the Republic of Iraq, which Japex Garraf Ltd., an affiliate of JAPEX, together with Malaysian National Oil Company PETRONAS, as Operator, and North Oil Company, as state partner, are jointly developing.

JAPEX, in partnership with PETRONAS, secured the winning bid in December 2009 under Iraq's Second Petroleum Licensing Round and was awarded the Development & Production Service Contract for the Garraf Contract Area (DPSC), which is located in 85km north of City of Nasiriyah in southern Iraq.

After winning the bid, JAPEX, together with PETRONAS, started the development of the field, completed the construction of the base camp in March 2011, and started drilling of the wells in June 2011. Up to now, 11 wells (2 appraisal and 9 development wells) have been drilled and surface facilities necessary for the initial production have been constructed. Contractual obligation for the First Commercial Production is average 35,000 barrels oil per day (bopd) over 90 days and the plateau production of 230,000 bopd is planned to be achieved in 2017.

As for the export oil which Japex Garraf Ltd. will be entitled to lift under the DPSC, JAPEX is now elaborating its sales and marketing policy and working on various options, including the idea of bringing the export oil to Japan, as JAPEX has committed itself to the improvement of the energy supply of Japan.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects

Production News in Iraq >>

Oman >>  7/19/2019 - Petroleum Development Oman’s (PDO) Rabab Harweel Integrated Project (RHIP) has entered the start-up phase with gas production from six sour wells to d...
Iran >>  7/13/2019 - Iran has awarded dozens of contracts worth $6.2 billion to domestic companies to have oil production increase by 280,000 barrels per day (bpd) as part...

Russia >>  7/9/2019 - Specialists from RN-Purneftegaz, a subsidiary of Rosneft, have implemented modern technology that improves well productivity and extends production pe...
Netherlands Antilles >>  7/8/2019 - Tulip Oil Netherlands Offshore, a wholly owned subsidiary of Tulip Oil Holding, is pleased to announce the latest quarterly Q10 Project update. ...

France >>  7/3/2019 - Total has started up production at the La Mède biorefinery in southeastern France, with the first batches of biofuel coming off the line. It is the fi...
Mexico >>  7/2/2019 - Eni has started the early production phase from the Mizton field in Area 1, located in the Campeche Bay offshore Mexico. This is the first step in the...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

Oil & Gas Projects in Iraq >>

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.