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  • Gazprom Neft produces its 100-millionth barrel of oil at the Badra field
    édité le 19/08/2019 - Plus de news de "Gazprom Neft" - Voir la fiche entreprise de "Gazprom Neft"


Gazprom Neft produces its 100-millionth barrel of oil at the Badra field
Gazprom Neft subsidiary Gazpromneft-Badra has now produced 13.5 million tonnes — or 100 million barrels — of oil.

Cumulative production at the Badra field in the five years since this asset went into commercial operation has reached 100 million barrels — the first shipment of liquid hydrocarbons having taken place in 2014. Oil production at the field stands at more than 1.8 million tonnes (13.5 million barrels) since the start of 2019.

Twenty-two operating wells, each running to an average depth of 4,500 metres, have been drilled by Gazpromneft-Badra since discovering this asset. The business has also built a production complex which has since become one of the main — and one of the most modern — elements in Central Iraq’s oil and gas infrastructure. A full production complex, including an integrated oil and gas processing facility, with capacity to handle 5.4 million tonnes of oil and 1.6 billion cubic metres of gas per year, and sulphur granulation and production units, has been commissioned at the Badra field.

Field infrastructure includes a 123.5 MW independent gas-turbine power plant (GTPP), producing energy for all field equipment as well as more than 25,000 residents in the city of Badra and its suburbs.

The Badra field is one of the most important elements in Iraq’s energy system. Dry commercial gas produced by Gazprom Neft is transported through a 100-kilometre pipeline to the Az-Zubaidiya electricity station, from where it is used to supply energy to several Iraqi provinces, including the country’s capital, Baghdad.

Sergei Karavaev, Executive Director, Gazpromneft-Badra, commented: “The 100-millionth barrel of oil produced at the Badra field is a major landmark in this asset’s development. The gas plant we have built here is unique worldwide — not only is it a major industrial complex, but it also forms an important part of the country’s energy system. This cutting-edge industrial infrastructure reflects the plant’s technological leadership and is the key to its effective development in the future.”
Sergei Karavaev Executive Director, Gazpromneft-Badra

About the Badra oilfield

The Badra oilfield is located in the Wasit Province, Eastern Iraq. Preliminary estimates indicate reserves in place at the Badra field to be in the order of three billion barrels of oil. Development of the field is expected to run for 20 years, with potential for extension by a further five. The contract was signed with the Government of Iraq in January 2010, on behalf of a consortium comprising Gazprom Neft (operator), KOGAS (Korea), PETRONAS (Malaysia), and TPAO (Turkey). Gazprom Neft’s share in the project is 30 percent, KOGAS’ 22.5 percent, PETRONAS’ 15 percent and TPAO’s 7.5 percent. The share held by the Iraqi government, represented by the Iraqi Oil Exploration Company (OEC), is 25 percent.

About Gazprom Neft

Gazprom Neft is a vertically integrated oil company, primarily involved in oil and gas exploration and production, refining, and the production and sale of oil products. The Gazprom Neft’s corporate structure comprises more than 70 production, refining and sales subsidiaries throughout Russia, the CIS, and abroad.
The company’s proved and probable reserves (SPE-PRMS) are estimated at 2.78 billion tonnes of oil equivalent (btoe), making Gazprom Neft one of the top-20 largest oil and gas companies in the world, and one of Russia’s top three largest companies in terms of production and refining volumes. Total production in 2017 reached 89.75 million tonnes of oil equivalent (mtoe), with refining volumes of 40.1 million tonnes.
Gazprom Neft products are exported to more than 50 countries worldwide, and sold throughout the Russian Federation and abroad. The company’s filling station network totals more than 1,850 outlets throughout Russia, the CIS and Europe.


Origine : Communiqué Gazprom Neft

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