Gazprom Neft brings fifth well on production in Iraq’s Badra field

JSC Gazprom Neft said a fifth well has been brought into production in Badra field in eastern Iraq (OGJ Online, June 26, 2015).

The P-04 is in testing mode but potential output is estimated at 10,000 b/d. The five wells are producing 35,000 b/d.

In addition, drilling of P-13 is nearing completion with anticipated production of 10,000 b/d. P-09 and P-15 are also drilling.

Gazprom Neft, the operator, expects to receive in August its second consignment of oil as payment for investment.