Basra, April 23 - Neftegaz.RU. Cumulative production at the West Qurna-2 field has reached 100 million tons of oil as part of successful implementation of Phase 1 of the project. With 184 wells drilled at the field, the average daily production rate is 400,000 barrels.
In 2018, the company started Phase 2 of the field's development which envisages growth in daily production to 480,000 barrels in 2020 and to a plateau of 800,000 barrels per day in 2025.
In January 2019, the drilling of 28 wells began on well pad #4. As of today, contracts have been signed to drill 57 production wells, including 54 at the Mishrif and 3 at the Yamama formations.
The West Qurna-2 field is located in the south of Iraq. It is one the world’s biggest oil fields, holding around 13 billion barrels of recoverable reserves.
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