Page 8 - MEOG Week 24 2022

MEOG PRICES & PERFORMANCE MEOG

Iraq’s MOC provides

update on Missan oilfields

IRAQ IRAQ’S state-owned Maysan Oil Co. (MOC) last is among three reservoirs covered by a contract
week provided an update on oil production from signed in Q4 2021 between IDC and Italy’s Eni
the fields in the Maysan Governorate, noting its for the development of the 6.4bn barrel Zubair
intention to raise gas output. oilfield. IDC will use its IDC 37 and 38 rigs to
MOC director-general Ali Jassim Hammoud drill 37 wells across the asset.
said that the so-called Missan oilfields cluster, Meanwhile, IDC signed a contract last year
which comprises 12 producing assets, is cur- with China National Offshore Oil Co. (CNOOC)
rently yielding nearly 570,000 barrels per day to drill 150 wells at the governorate’s Buzurgan
(bpd). The 4.1bn barrel Halfaya field accounts field.
for the bulk, with MOC and its partner China The MoO and MOC’s parent, the Iraqi
National Petroleum Corp. (CNPC) subsidi- National Oil Co. (INOC) are working to carry
ary PetroChina producing 340,000 bpd while out similar projects throughout the country as
working to increase gas output to 300mn cubic Baghdad aims to increase oil production capac-
feet (8.5mn cubic metres) per day. The remain- ity from 5mn bpd at present to 8mn bpd by 2027.
ing 238,000 bpd of oil comes from Abu Ghirab,
Amarah, Buzurgan, Faqqa and Noor. Gas push
China National Offshore Oil Co. (CNOOC) Hammoud noted that efforts are ongoing to
and Turkish Petroleum Corp. (TPAO) agreed a leverage the “large quantities of gas associated
20-year technical service contract (TSC) for Abu with the produced crude oil.” He said that MOC
Ghirab, Buzurgan and Faqqa in 2011. “has implemented many development projects
Hammoud said that the cluster also contains to treat, desalinate and prepare gas for use in the
undeveloped fields, including Al-Dujaila, Ali energy field, especially the processing of electric
Al-Gharbi, Al-Hawizeh, Al-Rifai and Kumait, as power plants.”
well as structures discovered as part of a nation- To facilitate this, MOC developed a 71 mmcf
wide campaign in 2012. The most high profile of (20 mcm) per day gas processing and desalina-
these is known as Dima. tion project. Hammoud said: “these quantities
In March, MOC announced it had completed were used to operate the two turbine generating
work to rehabilitate and upgrade oil facilities units for the Maysan fields with a capacity of 44
at Amarah, with production coming back on MW each, in addition to operating vital facilities
stream and being fed by pipeline to the al-Fao for oil production, operating submersible pumps
peninsula. for wells.”
The Iraqi Drilling Co. (IDC) began drilling Meanwhile, PetroChina and its contracting
operations at the Amarah oilfield’s well #19 for subsidiary China Petroleum Engineering and
MOC in January. The well was drilled to a total Construction Corp. (CPECC) are in charge of
depth of 3,290 metres with IDC using its IDC investing and developing facilities for the treat-
23 rig to target the Mishrif formation. Mishrif ment of Halfaya gas.™

P8 www. NEWSBASE .com Week 24 15•June•2022