Much needed start

LUKOIL commissions new well pad at West Qurna-2 field

2018-08-19 views 846

LUKOIL commissioned a new well pad M11/1A at the West Qurna-2 oil field in Iraq. Production rate of the first two wells of the new well pad reached 4.7-4.8 kbpd, which fully corresponds to preliminary forecasts. The wells are 2.7-2.9 thousand meters deep. By the end of August, it is planned to commission six more wells previously drilled on the pad. The expected cumulative production of well pad M11/1A wells is 36 kbpd, which enables to maintain oil production from Mishrif formation as high as 400 kbpd. For the license period until 2035, the pad is planned to yield a total of 14 million tons of oil.


For reference:

Development and Production Service Contract for the West Qurna-2 field was signed in 2010. Contract validity period is 25 years. The first oil of West Qurna-2 was produced in March 2014. In April 2018, LUKOIL and Basra Oil Company signed West Qurna-2 Field Development Plan, which provides for oil production “plateau” of 800,000 barrels a day. According to the document, 2020 production level will amount to 480 thousand barrels a day to become in 2025 as high as 800 thousand barrels a day.

Related news

news
LUKOIL distributed food boxes during the Holy month of Ramadan in Iraq
2017-07-02

According to the agreement with Administration of Eiz Eldeen Saleem Sub-District LUKOIL implemented the first social project for this year, which was the Food Boxes Project.read more

news
Successful integration
2017-07-02

The project for creating IT infrastructure at the facilities of the Kandym group of gas condensate fields, implemented by LUKOIL Uzbekistan Operating Company, was recognized as the "Best IT Project in CIS Countries".read more

news
“Gorod Khlebniy” wins the Grand Prix
2017-07-02

The team of young employees of LUKOIL Uzbekistan Operating Company under the name of “Gorod Khlebniy” (“The City of Grain”) successfully performed at the “KVN Cup” humor contest held among the oil and gas producing entities of LUKOIL Group and bore away the highest award.read more

news
The success of LUOC’s young specialists
2017-05-17

Young specialists of LUKOIL Uzbekistan Operating Company (LUOC) secured first places at the All-Russian Research and Practice Conference.read more