[size=36]Oil reveals its future exploration plans[/size]
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Baghdad - Mawazine News The
Ministry of Oil revealed, on Saturday, the details of its exploration plans in the field of oil and gas fields during the coming period.
The ministry’s spokesman, Assem Jihad, said, “The ministry was interested in establishing a number of seismic teams, and they were involved in internal and external courses.”
Jihad stressed, "These teams are currently working with the latest technologies in this field, as some of them are called two-dimensional or three-dimensional."
He explained, "The teams are conducting surveys of the lands, which are expected to include hydrocarbon structures," noting that "the work of the Petroleum Exploration Company is to diagnose and identify exploration patches, and to install the discoverer so that it can then be referred to extractive companies that specialize in developing these patches for productive fields, whether oil or gas." ".
He continued, Jihad, that the Petroleum Exploration Company has achieved great development and obtained the ISO international certification, and that in 2019 it implemented 10 seismic survey programs, 5 of which are in the three dimension and the other 5 in the two dimension.
He added, that the seismic teams carried out operations on 3739 km in length from the total plan for the year 2019, which amounted to 3680 km in length in the two dimensions, and an area of 1343 km was implemented in the three dimensions in Majnoon field, and the rest of the other regions.
Jihad hinted that "a contract was also executed between the National Company and Russia's Lukoil Company, to conduct the seismic survey of the three dimensions of the Block 10 program for the benefit of Russia's Lukoil Company, with a work size of 797 km and a period of time less than the contracted period of 6 months."
Jihad stated that the signed contract for the two-dimensional seismic survey of the Luke 10 program was implemented for Lukoil, with a size of 3,500 km in length, and with a period of time less than three months contracted.
And between, that there is a seismic division conducting a three-dimensional survey, and by self-efforts in the area of Kasab Joan in Nineveh Governorate, and also there is a seismic division operating in the western region of Anbar Governorate, in addition to the presence of seismic teams of the oil exploration company in the central and southern regions.
He pointed out, that Iraq is a promising country in oil and gas production, where oil reserves are expected more than 500 billion barrels, while proven reserves are in the limits of more than 153 billion barrels.
He stressed, that Iraq has invested only a little of the quantities it owns, and that the ministry has set ambitious plans for the optimal investment of oil and gas wealth. Ended 29 / h