Lukoil commenced drilling of recent manufacturing wells at West Qurna-2 area as a part of the second growth section. The firm has thus far concluded contracts to drill 57 manufacturing wells, together with 54 wells at Mishrif formation and three wells at Yamama formation. The drilling marketing campaign will ramp up manufacturing at West Qurna-2 from the present stage of 400 thousand barrels per day to 480 thousand barrels per day in 2020.
To ship the undertaking Lukoil makes use of an strategy to cluster drilling which envisages erection of two drilling rigs at one nicely pad. This strategy is new for Iraq and can present for vital area growth pace up and manufacturing development inside the shortest time.
Over 5 hundred Iraqis, residing in proximity to West Qurna-2 area, will probably be employed for the drilling marketing campaign.
West Qurna-2 area is situated within the South of Iraq and is without doubt one of the world’s largest oil fields with round 14 billion barrels of preliminary recoverable reserves. In 2010 LUKOIL signed a service contract and additional efficiently applied the sector’s first growth stage (Mishrif Early Oil undertaking).
In April 2018 the Company signed the Final Development Plan (the second section) which envisages reaching oil manufacturing of 480 thousand barrels per day in 2020 and manufacturing plateau of 800 thousand barrels per day in 2025.
(Source and picture: Lukoil)
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