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The Ministry of Oil has signed an agreement in principle with HKN Energy to develop the Hamrin field in northern Iraq. He noted the importance of investing in associatedgas to help power electricity generation stations. Earlier in the day, HKN reported an explosion at its Sarsang operations in Iraqi Kurdistan.
As part of Iraq's government-backed gas development programme, the Ministry of Oil has reported significant progress in reducing gas flaring and increasing gas utilisation. To expand storage capacity, the Ministry completed 8 of 16 spherical LPG tanks, each with a 3,000-cubic-metre capacity, adding 24,000 cubic metres overall.
The talks focused on potential cooperation and investment opportunities, including the development of oil fields and the capture of associatedgas. Prime Minister Al-Sudani reiterated Iraq's goal to fully utilise all associatedgas produced from its oil fields by 2028.
The Ministry of Oil has inaugurated the Central Gas Processing Facility at the Al-Faihaa [Fayhaa, Block 9] oil field in Basra, with a capacity of 130 million standard cubic feet per day (MMSCFD). He emphasised that gas projects such as this are critical for ensuring a stable fuel supply for electricity generation. By John Lee.
Where the Pipe Runs: Counties & Context This new loop stretches across Loving, Pecos, Reeves, Ward, and Winkler Counties —the beating heart of West Texas’s oil and gas production corridor. These areas are cornerstones of the Delaware Basin, where associatedgas volumes continue to surge alongside crude output. gas markets.
The Iraqi Cabinet has approved an exception for US-based HKN Energy , allowing it to bypass the standard qualification criteria and receive a direct invitation to develop the Hamrin oil field in northern Iraq. Oil expert Ahmed Mousa Jiyad has questioned the agreement (see comments section at the bottom of [link] ).
BP has reached a contractual agreement with the Government of Iraq to invest in the rehabilitation and redevelopment of several giant oil fields in Kirkuk. It will enable us to bring our experience of managing giant fields to realise the potential of this important asset for Iraq, working alongside and in close partnership with NOC and NGC.
In collaboration with the NOC, TotalEnergies has achieved a 20% increase in production at the Waha field; Repsol plans to drill nine new prospects in 2025; while Eni is planning four exploration wells in 2025. Unlocking new E&P markets A slate of discoveries in recent years have opened up new oil and gas plays across the continent.
Each of the new contracts has a three-year term under which Wood will support TotalEnergies to advance the AssociatedGas Upstream Project (AGUP) , a key part of the GGIP project. Wood has supported the Ratawi field since 2023. "We Learn more about Wood in Iraq.
Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Khor Mor field development The companies announced that daily production from Khor Mor in early March reached 525 MMscfd of natural gas, a growth of 75% since 2017, in addition to 15,200 b/d of condensate, and 1,070 t/d of LPG.
Wood has supported the Ratawi field since 2023. Enhancing the development of Iraq's natural resources The US$10bn GGIP is a multi-energy project designed to enhance the development of Iraqs natural resources and improve the countrys electricity supply at the Ratawi field in Iraq. GW of power generation capacity.
CNOOC Limited is committed to building intelligent offshore oil and gasfields and developing oil and gas resources in a green and low-carbon manner, so that it could provide the society with clean, reliable, and stable energy supplies. The design concept of intelligent oil and gasfields were used in the two new projects.
Additional technical presentations during the session included: A paper by Marfa Al-Asadi, Deputy Managing Director of Basra Gas Company (BGC) , on carbon reduction in associatedgas projects. A contribution from Midland Oil Company (MdOC) on the East Baghdad Field as a pilot project.
The company recorded 266 drilling operations in Q1 2025, marking a 9% increase from 244 in Q1 2024 Oil Gas Leads. The significant number of vertical wells indicates ongoing development in conventional heavy oil fields, such as those in the Lloydminster area. Cenovus Energy Inc.
Thus, the requirements are like the downdip limit in order to estimate that the updip volume also contains oil, rather than an associatedgas cap. Of course, those volumes can be booked as gas based on the physics of fluid densities, but oil is preferred.It Are gas caps common or not common? Reg S-X 210.4-10
The gushers were oil wells where the oil and gas were under so much pressure; they sprang out when the well got drilled. We know how to handle gas and liquids under massive pressure. Gas injection does the same: the gas expands in the well and displaces the oil, which gets forced to flow up.
We continue to work towards a plan for payment or settlement of amounts owed, and appropriate adjustment for price and interest We were disappointed that in December 2024 the subsidiary, Genel Energy Miran Bina Bawi Limited ('GEMBBL'), lost the arbitration case brought against it by the KRG regarding the Miran and Bina Bawi gas assets.
After a series of internal meetings at Iraqs Oil Ministry over the past two weeks, talks with several international energy companies have begun with the aim of finally kickstarting developments on the countrys key non-associatedgasfields, a senior source who works closely with the Ministry exclusively told OilPrice.com last week.
Can Iraq's Gas Projects Survive Trump's Iran Crackdown? With US waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associatedgasfields. The post Can Iraq's Gas Projects Survive Trump's Iran Crackdown? Click here to read the full report.
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