Page 7 - MEOG Week 07 2023
P. 7
MEOG PRICES & PERFORMANCE MEOG
IDC completes
another well at Zubair
IRAQ THE state-owned Iraqi Drilling Co. (IDC) this cubic metres) per day.
week announced that it has completed drilling It said that the Basra Gas Co. (BGC) had been
well 579 at the Zubair oilfield in the south-east authorised to purchase and install five new com-
of the country. pressors at the Hammar Mishrif station. This will
Speaking to the Iraqi News Agency (INA), collect and process 80mmcf (2.3mcm) per day of
an IDC spokesperson said that “technical and additional associated gas.
engineering personnel have completed drilling “This came after the meeting of the Joint
the directional oilwell Zubair 579 at a depth of Higher Management Committee of the BGC,
2,472 metres.” and under the direction of the Deputy Prime
IDC and US services specialist Schlumberger Minister for Energy Affairs and Oil Minister
on a 37-well drilling campaign that will enable Hayan Abdulghani,” the statement added.
the field’s operator to increase production capac- Hamza Abdel-Baqi, director general of the
ity from the current 475,000 barrels per day South Gas Co. (SGC) said that “the new project
(bpd) to 850,000 bpd by 2027. IDC noted that aims to raise the number of compressors at the
the latest well was the 14th to have been com- Hammar Mishrif station to 11 as a total that
pleted under the ongoing project. contributes to raising the compressor capacity
The IDC representative said that the well was from 35mmcf (991,000 cubic metres) per day to
drilled using the company’s IDC 38 drilling rig, 147mmcf (4,162 cubic metres)per day.”
noting that the unit would now be relocated to He added: “The five new compressors will
another Zubair drill site to begin work on well contribute to increasing the ability to collect
566. Zubair is home to around 6.4bn barrels of associated gas and reducing the rate of flaring in
oil, with ENI holding the technical service con- the Zubair oil field.”
tract (TSC) for development of these reserves. Meanwhile, BGC managing director Andrew
In December, the Iraqi Ministry of Oil (MoO) Weber said: “Our goal in this project is to sup-
announced plans to increase the capture of gas port the vision of the Ministry of Oil to increase
associated with oil production at Zubair. At the production capacity to reduce gas flaring in
time, MoO said that associated gas from Zubair southern Iraq and convert associated gas into
would increase to 147mn cubic feet (4.2mn clean energy,” supplying gas to power stations.
Week 07 15•February•2023 www. NEWSBASE .com P7