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British company starts drilling in an oil field in Kurdistan, adjacent to the fields of Kirkuk and has 10 billion barrels
• 08/03/2012 20:52
"Gate of Iraq" BAGHDAD - The company Heritage Oil British, on Thursday, they began digging in the east field Miran exploration of the Kurdistan region of Iraq, while confirming that the work of digging the other will soon begin in other parts of the field, pointed out that reserves the field of crude oil a about ten billion barrels.
The company said in a report published on its website that the well, which started drilled is the first well is drilled on a large scale in the eastern part of the field Miran, and noted that this step may contribute to a explore more oil wells and gas west of the field.
The company said it expected to be tested a number of objectives and evaluated during the drilling process, which aims to reach to a depth of 4000 meters through the Jurassic and Tabaharih classes, pointing out that the well requires about seven months to drilled and tested.
They pointed out that the company reserves the field that is located near the province of Kirkuk crude oil amounts to about ten billion barrels, indicating that the amount of gas is expected to accompany the process of extracting the oil at the completion of drilling all the wells of up to about 70 million cubic feet of gas per day.
And between the Company Heritage that it will soon begin their second drilling operation in the eastern part of the field Miran exploration, believing that more drilling will help in the evaluation of sites that have been discovered before in the western part of the field Miran, stressing that the British company plans to conduct further tests, which is expected to Drilling will be completed during the next two months.
The Heritage Company owns 75% in the field of Miran Kurds, while the company has Genel Energy for the remainder.
The area of the site Miran 1015 square kilometers and is located west of the city of Sulaimaniya in the Kurdistan region, which comprises two large two parts, part of eastern and western part.
The Iraq Oil Report, issued in January 2012 I considered the Kurdistan Region will see a "great season" following the entry of corporate giants will capture the oil sector in the region, stressing that it seeks to reach its production to the oil to more than 310 thousand barrels per day year-end current, an increase of about 180 thousand barrels per day.
The company announced the Turkish Genel Energy near the British lay hands on the largest shares in the oil production in the region, to become one of the largest petroleum operators in northern Iraq, also indicated that it will launch a new phase of oil development in favor of the Kurdish region.
The central government manages the flow of oil through the lines and the flow of export proceeds of oil sales, so the success of commercial contracts for Kurdistan depends on strengthening cooperation among the leaders in Baghdad and the Kurdish capital Arbil and resolving outstanding problems.
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• 08/03/2012 20:52
"Gate of Iraq" BAGHDAD - The company Heritage Oil British, on Thursday, they began digging in the east field Miran exploration of the Kurdistan region of Iraq, while confirming that the work of digging the other will soon begin in other parts of the field, pointed out that reserves the field of crude oil a about ten billion barrels.
The company said in a report published on its website that the well, which started drilled is the first well is drilled on a large scale in the eastern part of the field Miran, and noted that this step may contribute to a explore more oil wells and gas west of the field.
The company said it expected to be tested a number of objectives and evaluated during the drilling process, which aims to reach to a depth of 4000 meters through the Jurassic and Tabaharih classes, pointing out that the well requires about seven months to drilled and tested.
They pointed out that the company reserves the field that is located near the province of Kirkuk crude oil amounts to about ten billion barrels, indicating that the amount of gas is expected to accompany the process of extracting the oil at the completion of drilling all the wells of up to about 70 million cubic feet of gas per day.
And between the Company Heritage that it will soon begin their second drilling operation in the eastern part of the field Miran exploration, believing that more drilling will help in the evaluation of sites that have been discovered before in the western part of the field Miran, stressing that the British company plans to conduct further tests, which is expected to Drilling will be completed during the next two months.
The Heritage Company owns 75% in the field of Miran Kurds, while the company has Genel Energy for the remainder.
The area of the site Miran 1015 square kilometers and is located west of the city of Sulaimaniya in the Kurdistan region, which comprises two large two parts, part of eastern and western part.
The Iraq Oil Report, issued in January 2012 I considered the Kurdistan Region will see a "great season" following the entry of corporate giants will capture the oil sector in the region, stressing that it seeks to reach its production to the oil to more than 310 thousand barrels per day year-end current, an increase of about 180 thousand barrels per day.
The company announced the Turkish Genel Energy near the British lay hands on the largest shares in the oil production in the region, to become one of the largest petroleum operators in northern Iraq, also indicated that it will launch a new phase of oil development in favor of the Kurdish region.
The central government manages the flow of oil through the lines and the flow of export proceeds of oil sales, so the success of commercial contracts for Kurdistan depends on strengthening cooperation among the leaders in Baghdad and the Kurdish capital Arbil and resolving outstanding problems.
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