Iraqi Drilling Company - 140 Wells in 2011

Citing a report from Reueters, we reported at the weekend that Iraq's state-owned Iraqi Drilling Company was planning to dig 76 wells in 2011.

But according to Aswat al-Iraq, the company dug 189 oil wells in 2010 and is planning to dig and rehabilitate another 140 other oil wells in 2011.

"Our Company had dug 56 oil wells and rehabilitated 133 others in 2010," director Idris Muhsin al-Yassery told a news conference at the headquarters of his Company in Basra, adding that the number of oil wells dug in southern Iraq's Rumaila oilfield was 14, along with the rehabilitation of 91 other oil wells.

He said that the number of oil wells, dug and rehabilitated in Basra, Missan, Baghdad and Kirkuk Provinces had reached 53 wells, including 39 dug and 14 rehabilitated.

"We have bought 22 [drilling platforms] ... as well as the purchase of two rehabilitation devices, along with three other towers to be bought later, due to the Company's plans to dig more oil wells in the near future."

He said his Company's 2011 plan was to drill 140 oil wells.

(Source: Aswat al-Iraq)

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