Jan 20 2014
By Saadoun al-Jaberi
Azzaman, January 20, 2014
The impoverished Province of Missan is expected to produce up to one million barrels of oil per day by 2016, said Sami Naji, a senior official at the Missan Oil Company.
The province, of which the city of Amara is the provincial capital, sits on some of the world’s richest oil fields with billions of barrels of recoverable reserves.
Foreign majors are developing some of these fields and oil has started flowing in large quantities, prompting the government to set up a special state-run company to administer the province’s oil fields.
Sami Naji, who heads Oil Fields Commission in the Missan Oil Company, said more oil wells were being drilled, propelling the province’s output to 250,000 barrels a day
“The reason for the surge in production has come as a result of the completion of oil-related infrastructure,” said Naji. “The number of wells in the Noor and Amara files has risen to 21 from 5.”
Naji said the surge in oil output in Missan “will positively reflect on the economic conditions in the country.”
The Halfaya oil field, one of the largest in Iraq, churns out up to 100,000 barrels a day, added Naji.
Halfaya alone holds more than 4 billion barrels of recoverable reserves and is being developed by China’s CNPC.
Halfaya is in its second stage of development which on completion by the end of the year would raise output to half a million barrels a day, said Naji. “Currently we have more than 60 oil wells which are operational.”