Gulf Oil and Gas accountACCOUNT

Gazprom Neft Increases Production in the Kurdistan Region of Iraq

Source: www.gulfoilandgas.com 12/4/2019, Location: Middle East

Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its three-millionth tonne of oil since starting commercial production at the Sarqala field in the Kurdistan Region of Iraq (KRI).

Total cumulative production at the Sarqala field has reached three million tonnes, or 23 million barrels of oil, as at December 2019. Daily liquid hydrocarbon production at this asset is currently running at 4,000 tonnes of oil, or 30,500 barrels, per day.

First oil was obtained at the Garmian block (which the Sarqala field is part of) in 2011, with commercial crude shipments commencing in 2015, following the commissioning of the Sarqala-1 well. A second well was commissioned in 2018, with a third due to come online in 2019.

Surface facilities and infrastructure have been significantly expanded in the course of developing this field. Final works on expanding the central processing facility (CPF) are expected to be completed by end-2019 — production throughput having reached 35,000 barrels per day (bpd). Concurrently with this, the pipeline processing system has been updated, and the production-process automated control system modernised. Formation-water utilisation infrastructure (with throughput capacity of 5,000 bpd) is to be built at the Sarqala field in the near future.

«Our work at the Garmian block has allowed us to compile detailed information on the geological structure of the Sarqala field — allowing us not just to develop the asset effectively, but also identify potential for its future development. Preparations are now underway on drilling a further well. Commissioning this will allow us to maintain hydrocarbon production volumes in the KRI».

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

Production News in Iraq >>

Brazil >>  8/5/2020 - Petrobras reports that the platforms (P-74, P-75, P-76 and P-77) installed in the Búzios field, in the Santos Basin pre-salt, reached ...
Russia >>  8/5/2020 - TATNEFT began production of HVO for the first time in Russia in 2006 introducing the Company’s own development technologies based on the steam gravity...

Brazil >>  8/4/2020 - Production Volumes
The Company's aggregate sales production for the month of July totaled 111,4041 barrels of oil and 58.090 million scf of gas ...

Ghana >>  8/3/2020 - Kosmos Energy Ltd. announced the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of ...

Russia >>  8/3/2020 - PAO NOVATEK (“NOVATEK”) announced that NOVATEK-Tarkosaleneftegas, a wholly owned subsidiary, commenced pilot production from gas condensate bearing la...
Australia >>  7/31/2020 - Integrated Gas

- Origin received record cash distributions from APLNG of $1,275 million in FY2020, at the top end of the guidance ra...


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  Skilled Labors  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 © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.