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Company "Kazibrom" announces the start of Russian oil production from the Badra oil field
Editor Safaa Abdel-Hamid, Mohammed and Mah -
Thursday January 9, 2014
Alsumaria News / Baghdad
Kaz announced that Russian Gazprom, on Thursday, it had begun pilot production of the oil field Badra Card 7000 barrels per day, saying that it plans to start commercial production end of the year 2014.
Said First Deputy Chief Executive Officer Vadim Yakovlev said in a statement received "Alsumaria News", a copy of which, "The company has completed tests well in Badra oil field in Wasit province, was pilot production from card 7000 barrels per day."
Yakovlev added that "the company plans to start commercial production of the field that is likely to be at the end of the current year 2014."
According to preliminary estimates, the reserves Badra field equivalent to three billion barrels of oil
,
and the total investment is about two billion dollars, and began extracting oil in the field in 2013.
It is scheduled to reach production in 2017, to 170 thousand barrels per day, the equivalent of 8.5 million tons per year.
The Company owns Kaz Brom share 40% of the field Badra oil, which won with three international oil companies to develop the field in the second licensing round, which, the percentage of the Turkish company "VTB or" 10%, and 30% the proportion of company-ku Kaz Korean, in while the percentage of the company Petronas on 20%. "
The Badra oilfield, which is located in the border province of Wasit, a joint oil fields with Iran discovered and undeveloped has been transmitted in the second licensing round, a coalition of four oil companies to develop it.
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Editor Safaa Abdel-Hamid, Mohammed and Mah -
Thursday January 9, 2014
Alsumaria News / Baghdad
Kaz announced that Russian Gazprom, on Thursday, it had begun pilot production of the oil field Badra Card 7000 barrels per day, saying that it plans to start commercial production end of the year 2014.
Said First Deputy Chief Executive Officer Vadim Yakovlev said in a statement received "Alsumaria News", a copy of which, "The company has completed tests well in Badra oil field in Wasit province, was pilot production from card 7000 barrels per day."
Yakovlev added that "the company plans to start commercial production of the field that is likely to be at the end of the current year 2014."
According to preliminary estimates, the reserves Badra field equivalent to three billion barrels of oil
,
and the total investment is about two billion dollars, and began extracting oil in the field in 2013.
It is scheduled to reach production in 2017, to 170 thousand barrels per day, the equivalent of 8.5 million tons per year.
The Company owns Kaz Brom share 40% of the field Badra oil, which won with three international oil companies to develop the field in the second licensing round, which, the percentage of the Turkish company "VTB or" 10%, and 30% the proportion of company-ku Kaz Korean, in while the percentage of the company Petronas on 20%. "
The Badra oilfield, which is located in the border province of Wasit, a joint oil fields with Iran discovered and undeveloped has been transmitted in the second licensing round, a coalition of four oil companies to develop it.
[You must be registered and logged in to see this link.]
