Rumaila exceeds production target in Southern Iraq
The Rumaila Operating Organisation (ROO) has met a major milestone in the redevelopment of the super-giant field in Southern Iraq by increasing production by more than 10% above the 1.066 million bpd initial production rate agreed in December 2009.
Meeting this production target, and the approval of the Rumaila rehabilitation plan last year, represents the achievement of two significant contractual requirements of the technical services agreement (TSA) signed between BP, PetroChina, the Oil Marketing Company of Iraq (SOMO) and the South Oil Company in November 2009.
The pace of activity on Rumaila has built steadily over the past year. A total of 20 new rigs are now mobilised in the field. Over the course of the year, a total of 41 wells have been drilled, 103 workovers completed and 122 km of flowlines laid. Some 10 000 people are currently working on Rumaila, over double the number at the beginning of 2010.
Welcoming this milestone, His Excellency AbdulKareem Luaibi the Minister of Oil, said: “This production increase is an important step for Iraq and demonstrates the success of the contracts awarded, I am very pleased to see the progress for Rumaila and we wish BP, the South Oil Company, PetroChina and all the companies involved further success over the coming years.”
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/11012011/rumaila_exceeds_production_target_in_southern_iraq/
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