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)

The director of Missan Oil Company in Southern Iraq said on Tuesday that his company had achieved an increase in its oil production by more than 3 million barrels in 2010.

“Our Company has achieved an increase in its oil production from its oil fields of 3.215 million barrels of oil in 2010, compared with its production for 2009,” Ali Maarij told Aswat al-Iraq news agency.

Maarij said that his Company had achieved the exploration of 4 new oil fields in different parts of the Province, along with a study to develop the border oil fields, through coordination with the Iranian side.

The production capacity of Missan Oil Fields exceeds 100,000 barrels per day (bpd), whilst the geographic area of Missan Province comprises six productive oil fields, including Bazergan, Abi-Gharb, Fakka, Halfaya, Imara, as well as the Majnoon oil field that is under joint control between the Missan Oil Company and the Southern Oil Company, according to the Aswat al-Iraq report.

The same geographic area consists of five discovered and non-produced fields, such as Howaiza, al-Rafi’e, Rafidain al-Sharqi, Dujeila and Komeit.

(Source: Aswat al-Iraq)

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)

Eni SpA and its partners, Missan Oil Company, Occidental Petroleum, and Korea Gas Corp (KOGAS), have reached a key production target at Iraq’s Zubair oil field.

Production at the field near the city of Basra has increased to 201,000 barrels a day from 183,000 when Eni and its partners took over management of the field in February, the Rome-based company said in a statement.

“With this successful increase in production, the consortium’s contract cost recovery commences, with the group additionally earning a remuneration fee of $2 per barrel on incremental oil production,” Eni said.

The Eni-led group said it plans to boost production at the field to 1.2 million barrels a day within six years and maintain that level for another seven years.

Eni controls almost 33% of the group managing the project, while Iraq’s Missan Oil Co. owns 25%, Occidental Petroleum Corp. has 23%and Korea Gas Corp. holds almost 19%, Eni said.

(Source: Bloomberg)

Bids are invited from oil service companies to supply two workover rigs for the 4.1 billion barrel Halfaya oilfield.

The tender from state-run Maysan Oil Company, along with the China National Petroleum Company (CNPC), French oil major Total, and Malaysian state firm Petronas, closes on Nov. 28, and the offer must remain valid for 90 days after the bid closing date.

“First drilling is supposed to start in November 2010, and three more drilling rigs are to be mobilized in the near future,” the tender documents obtained by Reuters on Tuesday said.

“Therefore, two 750 HP workover rigs are required for well completion, well testing, acidizing and other workover operations in Halfaya oilfield,” it added.

The contract duration will be for one year and may be extended for another year.

(Source: Reuters)

China’s CNPC and its partners have invited bids from energy companies to supply a liquefied petroleum gas (LPG) compressor unit for the 4.1 billion-barrel Halfaya oilfield, according to a report from Reuters.

This is in addition to the tenders we reported on last week.

State-run Maysan [Missan] Oil Company has invited bidders to supply and install a liquefied petroleum gas compressor package within a 30-months period to capture gas being flared at the southern oilfield, according to a company statement obtained by Reuters on Tuesday.

The tender closes on Oct. 9 and the offer stays valid for 90 days after the bid closing date.

The winning company should provide job site services and technical support during installation, start-up and test run of the liquefied petroleum compressor unit, a copy of the bidding document showed.

Liquefied petroleum gas from Halfaya would be transferred to Iraqi state-run South Gas Co. for domestic needs and power generation, an oil official at Maysan Oil Co. said on Tuesday.

(Source: Reuters)

China’s CNPC and its partners Total and Petronas have invited oil service companies to bid for the redevelopment of 10 oil wells in the 4.1 billion-barrel Halfaya oilfield.

Bidders are invited to provide acid stimulation services on 10 wells within a one-year period to maximize the inflow area of the wellbore in oil and gas formations.

The tender closes on Sept. 27 and the offer stays valid for 90 days after the bid closing date.

The group also issued a tender for detailed engineering, procurement, construction, commissioning and maintenance to build a temporary oil storage and filling station at Halfaya.

The first tender is an engineering, procurement and construction contract to build an oil storage and filling station, a person familiar with the project told Dow Jones Newswires.

The other tenders call for the supply of dual-fuel generators, complete defense system, and Toyota Land Cruiser and pickup cars.

In August, CNPC and its partners said they planned to start drilling new wells this month in the Halfaya field as part of a plan to boost output to 70,000 barrels per day in 2011 from 3,000 bpd now.

(Sources: Dow Jones, Reuters)