Oil & gas news

Gazprom Neft begins oil production at Badra field in Iraq

By OGJ editors

JSC Gazprom Neft says it started oil production May 31 at the Badra field in eastern Iraq.
Testing of the central gathering station should be completed within 3 months. The field will then be ready to reach commercial production levels of 15,000 b/d. Production is expected to peak at 170,000 b/d in 2017 (OGJ Online, Mar. 13, 2014).  
The gathering station’s first line has been constructed with a capacity of 60,000 b/d.
Gazprom Neft, the operator, has 30%; Iraqi Oil Exploration Co. 25%; KOGAS 22.5%; Petronas 15%; and TPAO 7.5%.
The field is in Wasit Province. The development contract with the Iraqi government was signed in January 2010.

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