Saturday, April 24, 2010

Iraqi company is preparing to extract the oil from four wells near the border with Kuwait ...

April 24, 2010

Iraqi company is preparing to extract the oil from four wells near the border with Kuwait

السومرية نيوز/ البصرة Alsumaria News / Basra

Announced the Iraqi Southern Oil Company, Saturday, for the proximity of the extraction of oil from four wells drilled last year in an area adjacent to the border with Kuwait, stressing that new wells will produce about 6 thousand barrels per day from the first half of next month.

The general director of the Southern Oil Company Jafar cupper-Moussawi said in an interview for "Alsumaria News", "The four oil wells located in the field of the Dome of Safwan, adjacent to the Iraq-Kuwait border, the company drilled last year, preparations are under way to extract them from the first half of next month ", noting that" the wells will produce a rate of between 1500 to 2000 barrels per day each and every one of them. "

Moussawi said that "the operation of these wells is one of the most important oil projects that implement a national effort and sincere," explaining that "the project's importance lies in that it would provide large quantities of natural gas is also of good quality and starved by the electric power stations."

The director of the Southern Oil Company, that "the fields of the company is nearing completion of the preparation of new wells for production, coinciding with the establishment of the project to extend the pipeline to tanker oil and gas wells connecting station Rafidiyah to isolate the gas."

The Administrator assures the Southern Oil Company which is based in Basra province, about 590 km south of Baghdad, that "part of the field, the Dome of Safwan inside Kuwaiti territory, but the four wells in question was dug into the Iraqi territory and is situated within the administrative boundaries in terms of Safwan, Iraq," about 60 km west of the city of Basra.

It is noteworthy that Iraq was now about two million barrels of crude oil per day, including a million and a half is exported from the ports of Basra and Amiya, and other quantities exported via the pipeline carrier to the Turkish port of Ceyhan.

The Port of Amiya, about 145 km south of Basra city and within Iraqi territorial waters and close to Iranian waters, whereas the oil port of Basra some 160 kilometers south of Basra in the Khor Al Khafji near the Kuwaiti territorial waters, and was formerly known as Port "virgin deep."