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Iraq Ministry of Oil News: In order to raise the production capacity of the field of Nasiriyah Dhi Qar oil company concludes a contract with the Iraqi Drilling Company to drill 20 oil wells

Al-Wakeel added that this project will open the door to provide job opportunities for the Iraqi labor force in Dhi Qar province.

Complementing the strategy and plans of the ministry to develop oil fields and increase production through the national effort, the Iraqi Drilling Company signed a contract with the Dhi Qar Oil Company to drill 20 wells in the Nasiriyah oil field.

Fayyad Hassan Nehmeh, Undersecretary for Extraction Affairs, said the contract was signed between two companies within the oil sector to develop production in the field of Nasiriyah through drilling 20 wells that add to the field's production rates 40 thousand barrels of crude oil, in addition to the investment of gas associated with rates Up to 20 million standard cubic feet of gas will be used as fuel for power plants.

Al-Wakeel added that this project will open the door to provide job opportunities for the Iraqi labor force in Dhi Qar province.

The Director General of the oil company Dhi Qar Ali Ward, that the contract is an important contract that has an impact in increasing the production capacity of crude oil and gas, where the production capacity of the field of Nasiriyah after completion of drilling operations to 200 thousand barrels per day and increase the gas production capacity in the field to reach 100 mugs per day.

The Director General pointed out that the signing of the contract comes in accordance with the strategy of the Ministry of Oil in the implementation of projects to develop production and fields in the national effort, stressing that the field of Nasiriyah is witnessing steady growth thanks to the national staff in the oil company Dhi Qar.

The Director General of the Iraqi Drilling Company Bassem Mohammed Khudair said that the signing of the contract comes in line with the ministry's vision to support the national effort companies through the Iraqi Drilling Company to get contracts to drill wells, pointing out that the contract includes the implementation of drilling 20 wells using four modern towers, and that the company will provide all The possibilities for the implementation of the contract within the prescribed period of two years, at a financial cost of $ 128 million.

Source: Ministry of Oil 

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