Russian oil company Lukoil has commenced drilling of new production wells at West Qurna-2 field as part of the second development phase.

The company has so far concluded contracts to drill 57 production wells, including 54 wells at Mishrif formation and 3 wells at Yamama formation.

The drilling campaign will ramp up production at West Qurna-2 from the current level of 400 thousand barrels per day to 480 thousand barrels per day in 2020.

To deliver the project Lukoil uses an approach to cluster drilling which envisages erection of two drilling rigs at one well pad.

This approach is new for Iraq and will provide for significant field development speed up and production growth within the shortest time.

Over five hundred Iraqis, residing in proximity to West Qurna-2 field, will be employed for the drilling campaign.

(Source: Lukoil)

By John Lee.

In a statement to the markets this morning, Dragon Oil gave the following update on its operations at Block 9 in Iraq:

In 2014, the partners in Block 9 in Iraq (Dragon Oil 30%) announced the discovery of oil in two formations in the consortium’s first exploration well, Faihaa-1.

“Open and cased hole tests were conducted in the Mishrif and Yamama formations with encouraging results.

“The well has been tested at 5,230 bopd on a 32″/64″choke from the Yamama reservoir. A production completion has been run in the well and the drilling rig has been released.

“The consortium plans to drill two additional appraisal wells in 2H 2015 in order to fast track the development.”

(Source: Dragon Oil)

By John Lee.

In its Interim Management Statement this morning, Dragon Oil gave the following update on its operations at Block 9 in Iraq:

In 2014, the partners in Block 9 in Iraq, announced the discovery of oil in two formations in the consortium’s first exploration well, Faihaa-1 in which Dragon Oil holds 30 percent.

“Open and cased hole tests were conducted in the Mishrif and Yamama formations with encouraging results.

“The well has been completed as a producer from the Yamama formation and the drilling rig has been released.

“The consortium plans to drill two additional appraisal wells in 2015 in order to fast track the development.”

(Source: Dragon Oil)