U.S. company to conduct oil well project in Amara

MISSAN / IraqiNews.com: A $224.4 million oil well drilling project in Amara city has been referred to a U.S. company, the director general of Missan Oil Company said on Saturday. “The Iraqi cabinet has agreed to refer a project to drill 20 oil wells in al-Bazrakan field (75 km east of Amara) to Weatherford,” Ali Maarij told IraqiNews.com news agency. The estimated completion period of the project is 24 months, Maarji explained. “A contract will soon be signed with the U.S. company as part of a new plan by the Oil Ministry to increase the productivity of the newly established Missan Oil Company,” he added. The production capacity of the province’s oilfields is ranging between 100,000 and 110,000 barrels per day (bpd). The city’s geographical location boasts six producing oilfields: al-Bazrakan, Abu Gharb, al-Fakka, al-Halfaya and al-Amara, in addition to the Majnoon field, shared with the South Oil Company. The city also has five explored non-producing fields: al-Huwayza, al-Rafie, Rafidain al-Sharqi, al-Dujaila and Kemit. Amara, the capital city of Missan province, lies 390 km south of Baghdad. SS (P) 1