First well in Badra oil field drilled, governor

WASIT / IraqiNews.com: The first oil well was drilled today in Badra oil field, east of Kut, Wassit governor announced today.   Governor Mehdi Hussein Khalil told IraqiNews.com that it is expected that 2013 will witness oil exports from this field with a capacity of 60.000 b/d.   This well is one of  17 wells will be drilled in the oil field, he added.   Khalil expected that the peak of production in 1016 will reach to 170.000 b/d, which will make the province one of the main oil producing provinces in the country.   He promised to lift up the standards of living in the province and use the petrodollars allocated for each barrel produced to reconstruct the province and provision of better services.   Russian Gasprom with other Turkish and Malaysian companies will develop Badra oil field with the amount of 100 million dollars for twenty years.   Kut, center of Wassit, lies 180 km south east the capital, Baghdad . 70

Leave a Reply