Gazprom Neft says Badra oil production at 45,000 b/d

JSC Gazprom Neft says oil production from Badra field in Iraq has reached 45,000 b/d as a sixth well, the P-13, is producing 10,000 b/d (OGJ Online, July 23, 2015). Oil production was 17,000 b/d in early 2015.

Drilling continues at P-09, P-15, and P-12. These wells are expected to be brought on production in 2016.

Earlier this month, Gazprom Neft received its second allocation of oil as compensation for costs incurred in developing Badra in Wasit province in eastern Iraq. The first consignment was received in April.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...