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Shell signs a contract with Halliburton to drill new wells in the Majnoon field
| Thursday January 19, 2017 12:31 |
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News / Basra
announced the Southern Oil Company, said Thursday that the company (Shell) , which holds develop the Majnoon oil field , located in the province of Basra , has signed acontract with the company (Halliburton) requires drilling a number of new oil wells in the field.
The Southern Oil Company said in a statement Alsumaria News received a copy of that "(Shell Iraq ) signed a contract with the company (Halliburton) to drill 23 to 30 new oil wells in the layer Musharraf within the Majnoon oil field over a period of two to three years," indicating that " the contract was signed under the auspices of the southern oil company."
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[You must be registered and logged in to see this image.]Maysan Oil announces the completion of the drilling of five new wells in the Halfaya field
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[You must be registered and logged in to see this image.]Iran agrees to 29 global companies to compete for oil and gas projects
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The company said in its statement that " the importance of the contract is that it will lead to the development and production rates going up field."
The Majnoon field , which extends along the Iraqi - Iranian border , is the third largest oil field in the world, believes the Iraqi oil ministry that he has a stock of up to 38 billion barrels, and they began to extract oil from operations in 1978, and then stopped altogether because of the outbreak of the Iran - Iraq war (1980-1988) that took some of the bloodiest battles in the field site, and in late 2009 reached production of the field of national effort to 90 thousand barrels per day, and in 2010 contracted by the Ministry of oil the second licensing round with a consortium led by the company (Shell International) to develop the field , which produces currently at a rate of 220 thousand barrels per day.[/size]
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