Oil announces discovery of huge reserves in the area of exploration tenth Econo
Oil announces discovery of huge reserves in the area of exploration tenth
Economy News / Baghdad ...
The Oil Ministry announced, Wednesday, for a tremendous discovery of crude oil in the exploration area of ten, indicating that the area was one of the fields that have contributed to add the amount to 10 billion barrels of oil reserves.
The general director Karim Hattab explorations oil company said in a statement "the economy News" received a copy of "The tests carried out by a consortium of Russian Lukoil and Inpex of Japan has resulted in a huge stockpile of the discovery of oil in the reservoir Musharraf, and get a flow rate of oil more than 1,000 cubic meters per day, which confirms previous geological studies. "
He Hattab "The oil reserves of the patch is a new addition to Iraq's oil reserves," noting that "this area was one of the fields that have contributed to add the amount to 10 billion barrels of oil reserves."
Hattab said that "the development of this area for this year include the drilling and testing of exploratory well Laredo 2 plan."
The consortium "Russian Lukoil and Inpex of Japan" had won the development of the patch exploratory "X" in the province of Basra.