Oilfield Technology

JUNE 27, 2025

As fields age, they generate higher water to oil ratios. In some mature fields, 10 barrels of water are generated for every barrel of oil produced. However, it is becoming a problem in some onshore fields. This could force operators to stop production in previously profitable fields. This was driven by two factors.

Midstream 52

Midstream Exploration and Production BBL Operator 52

Iraq Business News: Oil & Gas

JUNE 21, 2025

While we have seen no material impact on Shaikan Field operations to date, we are closely monitoring the developing conflict between Israel and Iran. The Company has performed well in the year to date, with robust local sales demand enabling gross average production of c.44,900 Looking ahead, our 2025 annual guidance is unchanged.

Shutdown 59

Shutdown Petroleum Field Pipeline 59

Iraq Business News: Oil & Gas

MARCH 20, 2025

bbl, with prices stabilising in a range of c.$27-$28/bbl 27-$28/bbl in H2 2024 2025 year to date (to 18 March 2025) gross average production of c.46,400 bbl (2023: $40.9/bbl) bbl) Gross operating costs per barrel decreased 21% to $4.4/bbl bbl (2023: $5.6/bbl), bbl (2023: $40.9/bbl) bbl (2023: $5.6/bbl),

BBL 64

BBL Exploration and Production Operator Pipeline 64