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Oil underlines further to bring crude production to 12 million barrels per day
<BLOCKQUOTE class="postcontent restore">May 29 2011
During the next six years
Baghdad morning-architecture-Saad Hasan
Oil Ministry confirmed its ability to bring crude production to 12 million bpd over the next six years, while gradually drew to increase production, pointed out that any increase in the share of the country would be in agreement with OPEC. He said the State oil marketing company «Sumo» Falah Al Amri told by Sumerian site «news», «questioning some of Iraq's inability to bring oil production over the next six years to 12 million bpd, far from reality», «an increase in oil production in oil fields some fields especially referred to the corporate world tour first» licenses.
The «production of crude oil currently stands at two million to 700,000 barrels per day and more than 2 million barrels a day», «country gradually increasing oil production».
The «predicted Al Amri up oil production to three million bpd by year-end 2011, and 12 million bpd over the next six years», pointing out that «increase oil production by international oil companies on capital increases by companies in these fields and will in turn increase production».
The company's General Manager said that «the output of the country's crude is under quota, and any excess of the quota will be in agreement with OPEC», «the Ministry of oil will end the problem of bottlenecks in export oil beginning next year, through the construction of four ports floating on Gulf exports, adding to what currently is exported through the ports of Basra and Khor Al-Amaya facility».
He was Chairman of total oil de marghari questioned in an earlier interview with the CNN Iraq's ability to produce 13 million bpd by the year 2017, 2020, the World Bank also doubted Iraq's ability to access the production at the time.
And quota Iraq 3 million and 800,000 barrels a day, but no currently only 2 165,000 barrels per day, and the export share is determined by agreement between States and OPEC, depending on certain criteria which each State reserve, and demands that Iraq increase its depending on what says new oil discoveries it «.» And Iraq, signed during 2010, contracts with several global companies to develop some oil fields in the first and second rounds of the licenses to produce at least 11 million barrels per day within the next six years and 12 million barrels per day, after addition of quantities produced from the other fields in the national effort, and concentrated mostly on the South.
In the meantime Maysan oil company announced completion of digging No.6 in architecture field, the oil wells in lateral moves and third slash alhalvaih field.
Company Director to engineer for soidg ma'aarij Al-qubool» Sabah»: the energy productivity well 6 ranging from 2,500-3,000 barrels per day, adding that Iraqi drilling company performed drilled under the supervision of engineering personnel of the Maysan oil company.
He initialized in alozer site for its drilling company there, stating that his company's plan for this year include drilling 8 10 wells in wedimh Nur architecture fields, production to million bpd over the next four years.
He soidg was dug lateral moves and other italic in alhalvaih oil field, so that the southern province of Misan first implemented this type of drilling, saying the coming days will see an increase in production.
For his part, Director of oil fields in Maysan oil company senior engineer for Sami Jasim» Sabah» that Vietnamese company completed a study revealed an oil stock to sustain an estimated billion and 900 million barrels.
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<BLOCKQUOTE class="postcontent restore">May 29 2011
During the next six years
Baghdad morning-architecture-Saad Hasan
Oil Ministry confirmed its ability to bring crude production to 12 million bpd over the next six years, while gradually drew to increase production, pointed out that any increase in the share of the country would be in agreement with OPEC. He said the State oil marketing company «Sumo» Falah Al Amri told by Sumerian site «news», «questioning some of Iraq's inability to bring oil production over the next six years to 12 million bpd, far from reality», «an increase in oil production in oil fields some fields especially referred to the corporate world tour first» licenses.
The «production of crude oil currently stands at two million to 700,000 barrels per day and more than 2 million barrels a day», «country gradually increasing oil production».
The «predicted Al Amri up oil production to three million bpd by year-end 2011, and 12 million bpd over the next six years», pointing out that «increase oil production by international oil companies on capital increases by companies in these fields and will in turn increase production».
The company's General Manager said that «the output of the country's crude is under quota, and any excess of the quota will be in agreement with OPEC», «the Ministry of oil will end the problem of bottlenecks in export oil beginning next year, through the construction of four ports floating on Gulf exports, adding to what currently is exported through the ports of Basra and Khor Al-Amaya facility».
He was Chairman of total oil de marghari questioned in an earlier interview with the CNN Iraq's ability to produce 13 million bpd by the year 2017, 2020, the World Bank also doubted Iraq's ability to access the production at the time.
And quota Iraq 3 million and 800,000 barrels a day, but no currently only 2 165,000 barrels per day, and the export share is determined by agreement between States and OPEC, depending on certain criteria which each State reserve, and demands that Iraq increase its depending on what says new oil discoveries it «.» And Iraq, signed during 2010, contracts with several global companies to develop some oil fields in the first and second rounds of the licenses to produce at least 11 million barrels per day within the next six years and 12 million barrels per day, after addition of quantities produced from the other fields in the national effort, and concentrated mostly on the South.
In the meantime Maysan oil company announced completion of digging No.6 in architecture field, the oil wells in lateral moves and third slash alhalvaih field.
Company Director to engineer for soidg ma'aarij Al-qubool» Sabah»: the energy productivity well 6 ranging from 2,500-3,000 barrels per day, adding that Iraqi drilling company performed drilled under the supervision of engineering personnel of the Maysan oil company.
He initialized in alozer site for its drilling company there, stating that his company's plan for this year include drilling 8 10 wells in wedimh Nur architecture fields, production to million bpd over the next four years.
He soidg was dug lateral moves and other italic in alhalvaih oil field, so that the southern province of Misan first implemented this type of drilling, saying the coming days will see an increase in production.
For his part, Director of oil fields in Maysan oil company senior engineer for Sami Jasim» Sabah» that Vietnamese company completed a study revealed an oil stock to sustain an estimated billion and 900 million barrels.
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