Gazprom Neft almost doubles production at Badra field

24 June 2015

A fourth well has been brought into production at the Badra field, Iraq, operator of which is Gazprom Neft. This new high flow-rate well (Р-05) has allowed total production at the field to increase by almost double, to a level of 27–28,000 barrels per day.

The launch of the Р-05 well has seen production at the Badra field reach levels comparable (in quantitative terms) with Gazprom Neft fields in Western Siberia, where oil production exceeds one million tonnes per year. Bringing the P-05 well into production will allow geological and engineering operations to be conducted at existing wells (P-08 and BD-04) in the nearest future, with no impact on total production volumes.

Further field development is currently ongoing, with drilling being completed and a further well (P-04) being brought online with expected flow rate at around 10,000 barrels per day. In addition to this, drilling of a further two wells (under a contract already in place with Chinese company ZPEC) is ongoing, with another currently being prepared for drilling to commence. The total number of drilling rigs at the Badra field is expected to increase from three to seven by the end of 2015.