Output at Iraq’s Halfaya oilfield will rise to 70,000 barrels a day in 2012 with the drilling of 48 wells, As Sabah newspaper said on Tuesday.

Bloomberg reports that two projects valued at a total of $187 million will be built next year at the oilfield. The projects include a crude oil processing facility with a capacity of 100,000 barrels a day, and a pumping station to increase export capacity.

Total, CNPC and Petronas are developing Halfaya after signing a contract last year. CNPC has a 50 percent share in the project with Total and Petronas owning 25 percent each.

(Source: Bloomberg)

The China National Petroleum Corporation (CNPC) and its partners in the southern Halfaya oilfield have awarded a $174 million contract to the China Petroleum and Engineering Corp. (CPECC) to build three crude processors, an Iraqi oil official told Reuters on Sunday.

Ali Maarij, head of Iraq’s state-run Missan Oil Company said the new plants will raise the production capacity of Halfaya field by 100,000 barrels per day.

Halfaya field currently produces around 12,000 bpd and plans to hit 20,000 bpd by the end of this year. Production of around 90,000 bpd is expected to be achieved in the first quarter of 2012, Maarij said.

(Source: Guardian)

The consortium of Chinese, Malaysian and French companies working on the Halfaya oil field, 35 km east of Amara, in Maysan [Missan] province, have completed drilling four oil wells.

Ali Altarfi, the media department of Missan Oil Company, told Aswat al-Iraq that, “the plan is to drill 300 wells in this gigantic oil field within 5 years, according to the agreement signed with the Ministry of Oil.”

The contract stipulates that production should reach 535 thousand barrels per day (bpd), which is five times higher than the local production of the field, in addition to provision of gas products to neighboring power stations.

“The reserves of this oil field are expected to reach 15 billion barrels,” Altarfi added.

The companies that won the bid to develop this field are CNPC, Total, and Petronas.

(Source: Aswat al-Iraq)

Iraq’s Missan Oil Company has said it has formed a committee to compensate the farmers whose agricultural areas fell within the Halfaya Oil Field, east of its Amara city.

“In response to the approval of the Oil Minister and the instructions of Missan Oil Company’s Director-General, a committee was formed to carry out field inspection of the losses caused to the agricultural areas, within the limits of Halfaya Oil Field, now under development by a Chinese company, according to a contract with the Oil Ministry,” Mohammed Jabbar, chairman of the Compensations Committee, told Aswat al-Iraq news agency.

Jabbar said that the area of the oilfield exceeded 530 square km, representing the total area for the field developed by the Chinese company, adding that 70 farmers had demanded compensation in the area.

Missan [Maysan] Province is rich in oil, producing about 100,000 barrels of oil per day (bpd), covering six oil fields in Bazergan, Abu-Gharb, Fakka, Halfaya and Amara areas, in addition to the Majnoun Oil Field, that belongs to Missan and Basra Oil Companies, according to Aswat al-Iraq.

Missan also contains five discovered oil fields that are still unproductive, which al-Huweiza, Rafi’e, Rafidain al-Sharqi, dujeila and Kumeit.

(Source: Aswat al-Iraq)

China National Petroleum Company (CNPC) and its partners Total of France and Petronas of Malaysia, have issued a tender for work in Iraq’s 4.1-billion-barrel Halfaya oilfield.

Reuters reports that the consortium has advertised on Monday looking for bids from companies to supply a drilling pad and to survey existing wells.

The tender closes on June 7.

(Source: Reuters)

Oil production in Missan [Maysan] will reach 170,000 barrels per day by the end of 2011, compared to 2010’s production of 100,000 bpd, according to a director of the Missan Oil Company on Sunday.

“The 70,000 barrels increase will come from the development of  the Halfaya oil field and the drilling of new wells,” Ali Maarij told Aswat al-Iraq news agency.

“A Chinese company and its consortium of other companies have conducted seismological surveys, removed landmines, and set up three drilling towers in Halfaya, 35 km east of al-Amara city, in a bid to drill more wells,” he said.

The Halfaya field was awarded in Iraq’s second licensing round to CNPC (China), Petronas (Malaysia), and Total (France).

(Sources: Aswat al-Iraq, Ministry of Oil)

PetroChina has invited seven contractors to submit the bidding documents for engineering, procurement and construction work on the first phase of development at the Halfaya oilfield in Iraq in the first week of 2011, the Norway-based energy newspaper Upstream has reported.

The report said the companies invited to participate in the tender include the UK-listed Petrofac, France’s Technip, CH2M Hill of the U.S., China Petroleum Engineering Construction Company (CPECC), Daqing Engineering & Construction of China, and Malaysia’s KNM and Malaysia Marine & Heavy Engineering.

According to the report, CPECC could have an upper hand over other bidders thanks to its status as PetroChina’s sister company under the umbrella of China National Petroleum Corporation (CNPC).

Under the development and production service contract signed with Missan Oil Company in January of 2010, a PetroChina-led consortium aims to kick off production of 70,000 barrels per day from Halfaya in its first phase of commercial production.

PetroChina has a 37.5 percent stake in Halfaya, with 25 percent hel d by Iraqi’s South Oil Company, 18.75 percent by Malaysia’s Petronas and another 18.75 by French giant Total.

(Source: istock Analyst)

The development of Halfaya oilfield in southern Iraq’s Maysan province shall insure enough gas for Kahla’a power station, according to the Director-General of Missan Oil Company, who said that the gas produced from the oil field would exceed 60 million cubic feet.

“The development of the Halfaya field shall secure the needs of the Kahlaa Electric Power Station for the gas it needs to operate it,” Ali Mi’arij told Aswat al-Iraq news agency.

Kahlaa power station, opened earlier this year, has a capacity of 180 megawatts. Its total cost reached US$121 millions, although it has been working below capacity due to several problems, including lacking enough gas to operate it.

According to Missan Oil Company’s Director-General, the final phases to develop the said oil field is expected to reach 535,000 barrels per day, which equals five times Missan’s current production capacity.

The Director of Public Relations and Media in Missan Oil Company, Ali al-Tarfi, told Aswat al-Iraq that the oil reserve of Halfaya Oil Field exceeds 15 billion (b) barrels of oil, adding that the plan to develop it includes the drilling of 300 oil wells, along with the establishment of several gas-isolation stations, and gas storage and treatment facilities.

The field is operated by a consortium of CNPC, Total, and Petronas.

(Source: Aswat al-Iraq)