Drilling techniques and oil reserves
Economical 07/24/2024
Walid Khaled Al-Zaidi
It is an axiom of work in oil fields that advanced, highly efficient drilling mechanisms produce important results at the level of extraction and new discovery, especially the quantities of reserve crude that lie in the depths of those fields and in the southern regions in particular.
This is confirmed by a group of specialized geologists that the statistics are based to a large extent.
To data estimated decades ago that unexplored fields in Iraq may contain much larger oil reserves than originally indicated, and
Iraq may exceed its fifth place in the world in terms of oil reserve quantities at the level of oil-rich countries.
What reinforces these indicators are the actions taken by the Ministry of Oil these days and by updating Drilling mechanisms in some southern fields through the inauguration of the giant drilling rig in Iraq, which operates with a power of up to (2000) horsepower, in the Majnoon field specifically.
The impact of the drilling process with this device, which is the largest in Iraq, has many benefits that other less powerful devices have not been able to achieve, and
its positive effects on the production process in the aforementioned field are worthy of attention because it is characterized by a superior ability to drill greater depths compared to devices with less power than it,
because all its equipment Manufactured with high technology for the purpose of reaching deep levels of drilling operations that can achieve the desired purpose, which is mostly drilling exploratory and appraisal wells,
in addition to the technical technology to address situations and problems that may occur during drilling operations deep into the targeted wells, as well as
providing geological information about the rock layers that can be It adds new numbers to the size of national reserves in addition to what was confirmed in
previous statistics that showed that Iraq is ranked fifth among the best countries that possess growing oil reserves,
according to statistics from the Italian oil company Eni, and among the ten largest countries in the world, with an amount of (145) billion barrels, before Approximately two years, with a growth rate that can change upwards
The modern uses that the Ministry of Oil is working on, through its well-drilling company, have all the possibilities at the level of new exploration, including recording modern numbers in the field of field reserves in all regions of Iraq, and on an increasing basis, after widely varying estimates regarding these indicators and through the numbers of the US Department of Energy before For almost two decades, I indicated that Iraq has (112) billion barrels of reserve.
The US Geological Survey previously estimated Iraqi oil reserves at (78) billion barrels in 1995,
but local oil sources expected at the time that the potential reserves might reach (300) billion barrels.
After these indicators, evidence comes to indicate beyond doubt that the actions and procedures of those in charge of the oil sector, and through modernization and investment in drilling operations, lead to the fact that the levels of oil reserves in Iraq are rising in a proportional manner with those procedures and through the great efforts that the Ministry of Oil seeks to achieve development goals.
Determining the graphical indicators for everything related to this field and the successes it can achieve in the long term, which will bring oil, which is the vital economic factor, to great positive effects on the comprehensive development of our country.
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Economical 07/24/2024
Walid Khaled Al-Zaidi
It is an axiom of work in oil fields that advanced, highly efficient drilling mechanisms produce important results at the level of extraction and new discovery, especially the quantities of reserve crude that lie in the depths of those fields and in the southern regions in particular.
This is confirmed by a group of specialized geologists that the statistics are based to a large extent.
To data estimated decades ago that unexplored fields in Iraq may contain much larger oil reserves than originally indicated, and
Iraq may exceed its fifth place in the world in terms of oil reserve quantities at the level of oil-rich countries.
What reinforces these indicators are the actions taken by the Ministry of Oil these days and by updating Drilling mechanisms in some southern fields through the inauguration of the giant drilling rig in Iraq, which operates with a power of up to (2000) horsepower, in the Majnoon field specifically.
The impact of the drilling process with this device, which is the largest in Iraq, has many benefits that other less powerful devices have not been able to achieve, and
its positive effects on the production process in the aforementioned field are worthy of attention because it is characterized by a superior ability to drill greater depths compared to devices with less power than it,
because all its equipment Manufactured with high technology for the purpose of reaching deep levels of drilling operations that can achieve the desired purpose, which is mostly drilling exploratory and appraisal wells,
in addition to the technical technology to address situations and problems that may occur during drilling operations deep into the targeted wells, as well as
providing geological information about the rock layers that can be It adds new numbers to the size of national reserves in addition to what was confirmed in
previous statistics that showed that Iraq is ranked fifth among the best countries that possess growing oil reserves,
according to statistics from the Italian oil company Eni, and among the ten largest countries in the world, with an amount of (145) billion barrels, before Approximately two years, with a growth rate that can change upwards
The modern uses that the Ministry of Oil is working on, through its well-drilling company, have all the possibilities at the level of new exploration, including recording modern numbers in the field of field reserves in all regions of Iraq, and on an increasing basis, after widely varying estimates regarding these indicators and through the numbers of the US Department of Energy before For almost two decades, I indicated that Iraq has (112) billion barrels of reserve.
The US Geological Survey previously estimated Iraqi oil reserves at (78) billion barrels in 1995,
but local oil sources expected at the time that the potential reserves might reach (300) billion barrels.
After these indicators, evidence comes to indicate beyond doubt that the actions and procedures of those in charge of the oil sector, and through modernization and investment in drilling operations, lead to the fact that the levels of oil reserves in Iraq are rising in a proportional manner with those procedures and through the great efforts that the Ministry of Oil seeks to achieve development goals.
Determining the graphical indicators for everything related to this field and the successes it can achieve in the long term, which will bring oil, which is the vital economic factor, to great positive effects on the comprehensive development of our country.
[You must be registered and logged in to see this link.]