Missan Oil Company achieves increase of over 3 million barrels of oil in 2010

MISSAN / IraqiNews.com: Southern Iraq Missan Oil Company‘s Director has said on Tuesday that his company had achieved an increase in its oil production by more than 3 million barrels in 2010. “Our Company has achieved an increase in its oil production from its oil fields of 3 millions and 215,000 barrels of oil in 2010, compared with its production for 2009,” Ali Maarij told IraqiNews.com news agency. Maarij said that his Company had achieved the excavation of 4 new oil fields in different parts of the Province, along with the presence of a study to develop the border oil fields, through coordination with the Iranian side. Noteworthy is that the production capacity of Missan Oil Fields exceeds 100,000 barrels per day (bpd), whilst the geographic area of Missan Province comprises six productive oil fields, including Bazergan, Abi-Gharb, Fakka, Halfaya, Imara, as well as the Majnoun Oil Field that is under joint control between the Missan Oil Company and the Southern Oil Company. The same geographic area consists of five discovered and non-produced fields, such as Howaiza, al-Rafi’e, Rafidain al-Sharqi, Dujeila and Komeit. Amara, the center of Missan Province, is 390 km to the south of Baghdad. YR (A) / SKH/SR 240