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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    South Oil announces drilling 250 oil wells Balrmelh body since direct field run

    Rocky
    Rocky
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    South Oil announces drilling 250 oil wells Balrmelh body since direct field run Empty South Oil announces drilling 250 oil wells Balrmelh body since direct field run

    Post by Rocky Sun 12 Mar 2017, 7:35 am

    South Oil announces drilling 250 oil wells Balrmelh body since direct field run


    Saturday 11 March 2017 20:40
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    News / Basra
    It announced that the Southern Oil Company , which is headquartered in Basra on Saturday, the body run Rumaila drilled 250 new oil wells since brought in to run the field in the light of the licensing rounds concluded by the Oil Ministry with foreign companies.

    The company said in a statement Sumerian received News copy of it, that "in spite of the economic challenges facing the country, and reduce the financial exchange, but the South Oil Company announces drill 250 new oil wells in the Rumaila field since the start Authority field run to work," indicating that " those wells produce up to about 610,000 barrels per day, equivalent to 24% of the total production of the field. "




    The company said part of the statement that "with the drilling of 50 new wells in the last eighteen months has been the Commission was able to sustain drilling program of new wells in spite of financial distress in the budget, which caused a reduction in the number of drilling operating from six towers to the two towers as of early 2016 "she said , adding that" the transfer of drilling towers spaced distances to increase the drilling costs. " 

    And display the Iraq oil fields through licensing rounds for the development by international companies, the issue of Iraq crude oil from the ports of Basra and Khor al - Amaya on the Arabian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean.

    The Basra is the oil industry center in Iraq, and the most important oil cities in the world, owns about 59% of Iraq 's oil reserves, and has the largest oil fields in Iraq, including Majnoon, Rumaila and West Qurna and rivers Omar, and by maintaining exports most of Iraq 's oil volumes and some of those fields within Zubair spend , which constitute the area of 54% of the total area of the province, including Rumaila , being developed by the company (BP) British conjunction with other companies, and employs staff and workers of various nationalities.

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