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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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    Al-Faihaa field supports oil production in Iraq with 100 thousand barrels per day

    Rocky
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    Al-Faihaa field supports oil production in Iraq with 100 thousand barrels per day Empty Al-Faihaa field supports oil production in Iraq with 100 thousand barrels per day

    Post by Rocky Sun 14 Jul 2024, 5:16 am

    Al-Faihaa field supports oil production in Iraq with 100 thousand barrels per day

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    Economy News - Baghdad
    [rtl]The production capacity of the Al-Faiha field in Iraq is expected to rise to 100,000 barrels per day in the coming days, supporting Baghdad’s plans to develop oil reservoirs.[/rtl]
    [rtl]According to a statement, the border oil field management expected that production of new energy would increase during the month of August.[/rtl]
    [rtl]Al-Faihaa field manager, Mohammed Taher, said that the production of the border field with Iran currently amounts to 80,000 barrels per day, and it is hoped that the capacity will increase to 100,000 barrels per day within the next month.[/rtl]
    [rtl]The Al-Faiha Oil Field Development Project is considered one of the important projects for the production of light oil. It is one of the border fields. Its development operations began in 2014 with Kuwait Energy Company, and later with the Chinese company UEG.[/rtl]

    [rtl]Oil in Iraq[/rtl]

    [size]
    [rtl]Taher said that the Al-Faiha field consists of two isolation banks, Bank A and Bank B, each bank 50 thousand barrels per day, and the number of wells in the field reaches 43 wells; including 36 wells in production and an experimental water injection well, and the others are reclamation wells and are not connected yet.[/rtl]
    [rtl]Taher explained that "the field consists of 7 divisions, including the reservoirs, wells, projects, production, administrative, legal and security divisions, and the cadres work in morning and evening shifts."[/rtl]
    [rtl]He pointed out that "the total area of ​​the Al-Faihaa oil field is 865 square kilometers, and it is considered one of the most important oil fields in Iraq.[/rtl]
    [rtl]He pointed out that the Ministry of Oil has developed a future plan to develop the Al-Faihaa field, aiming to raise its production to 150,000 barrels per day, by increasing well drilling and reclamation operations.[/rtl]
    [/size]

    [rtl]Associated gas[/rtl]

    [size]
    [rtl]The Director of Al-Faihaa Field confirmed that the project to stop gas flaring in Al-Faihaa Field will be completed by the end of this year, with a processing capacity of 130 million standard cubic feet per day.[/rtl]
    [rtl]He pointed out that "the field produces two lines of liquid and dry gas; the production capacity of liquid gas is approximately 1,100-1,480 tons per day, while the production of dry gas is estimated at about 98 million cubic feet.[/rtl]
    [rtl]The Ministry of Oil recently announced that it has reached investment and exploitation of 62% of the gas produced in Iraq, and plans to stop flaring associated gas by 2028.[/rtl]
    [rtl]Iraq's current gas production amounts to 3 billion standard cubic feet per day, some of which is used in power plants, and some of which is directed to industrial facilities and agricultural projects.[/rtl][/size]



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