View Full Version : Five-millionth tonne of Oil Produced at Badra

Investors Iraq News
03-28-2017, 04:45 PM
Gazprom Neft Badra, a subsidiary of Russia’s Gazprom Neft (http://www.iraq-businessnews.com/list-of-international-oil-companies-in-iraq/international-oil-companies-gazprom/), has produced the five-millionth tonne of oil at its Badra oil field (http://www.iraq-businessnews.com/list-of-oil-and-gas-fields-in-iraq/oil-and-gas-fields-badra/).
Thanks to the application of cutting-edge production and transportation technologies, this outcome has been achieved in just over two and a half years’ of commercial production. Total cumulative oil production since the start of 2017 is now in excess of 679,000 tonnes (five million barrels).
Four wells (http://www.gazprom-neft.com/press-center/news/1117488/), with a*total production rate of*27,000 barrels per day, have been commissioned at*the field in*2017, bringing the total number of*production wells at*the field to*14, with total daily production increasing to*80,000*barrels. All wells are operating under free-flow production.
Pursuant to*the agreed field development programme, Gazprom Neft is*continuing the construction of*oil (http://www.gazprom-neft.com/press-center/news/1113669/) and gas infrastructure (http://www.gazprom-neft.com/press-center/news/1116042/). Pre-commissioning works are currently ongoing at*the field’s gas treatment plant, with piping connections being installed, as*well as*electrical fixtures and automatic control systems. The first stage of*this project will be*commissioned in*2Q2017 and the second in*3Q2017.
Denis Sugaipov, Director of*Major Projects, Gazprom Neft, commented:
“The Badra project is*going according to*plan, and it’s clear that the infrastructure necessary for increasing oil production is*already in*place. Badra is*Gazprom Neft’s first project abroad, and one of*our most successful major projects. Field infrastructure continues to*expand, and*is, already, now a*major production complex, unique to*the region.”
(Source: Gazprom Neft)

Source: Iraq-BusinessNews.com. (http://www.iraq-businessnews.com/2017/03/28/five-millionth-tonne-of-oil-produced-at-badra/)

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