By Simon Watkins for OilPrice.com. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq's 7 Million bpd Oil Production Goal Draws Swift Response from Chinese Firms The recent reiteration by Iraq Oil Ministry of a 7 million barrels per day (bpd) oil production target […]
By John Lee. The Iraqi Drilling Company (IDC) has completed drilling the first well (LF2) under its contract with Sonangol to drill 13 oil wells in the Qayyarah [Qayara] oilfield, Nineveh province. Drilling operations were conducted using the IDC 223 rig, with a horsepower capacity of 800, demonstrating the technical expertise and efficiency of IDC's […]
By John Lee. The Iraqi Drilling Company (IDC) has commenced drilling operations for the first well in an 18-well project at the Southern East Baghdad oil field, in cooperation with China's EBS Petroleum, a body registered in Iraq to conduct the petroleum operations on behalf of China's ZhenHua Oil, The project aims to boost national […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated three oil wells in the Zubair oilfield, as part of its commitment to field development and national production enhancement. The company completed the drilling of Zubair/638 well at a depth of 3,500 metres for ENI, using advanced technologies in collaboration with Schlumberger […]
By John Lee. The state-owned Iraqi Drilling Company (IDC) has signed a contract with Angola's Sonangol to drill 10 developmental wells and 3 optional appraisal wells in the Qayara [Qayyarah] oil field, part of the North Oil Company (NOC)'s fields. T he project will be executed on a turnkey basis in collaboration with Baghdad-based Arab […]
By John Lee. The Iraqi Drilling Company (IDC) has completed drilling a new injection well in the Siba Gas Field in Basra Province. The well, drilled to a depth of 1,215 meters, marks the first project completed under a contract with Kuwait Energy. Kuwait Energy recognized the drilling team's exceptional performance, awarding them for completing […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully drilled and rehabilitated four new oil wells in the Zubair oil field in Basra. The Deputy Director General of the company, Kazim Habash Khalif, said technical teams completed the drilling of a 3,598-meter well for the Zubair Field Operating Authority, boosting field production capacity. Three […]
By John Lee. The Iraqi Drilling Company (IDC) has announced the successful drilling and rehabilitation of 15 oil wells in October, part of its ongoing efforts to enhance production across Iraq's oil fields. According to a statement from the Ministry of Oil, the company drilled four new wells and rehabilitated 11 others across various fields. […]
By John Lee. The Iraqi Drilling Company (IDC) has successfully completed drilling two oil wells, one in the East Baghdad South field and another in the Bazargan South field (part of the Maysan fields). Deputy General Manager Kazem Habash Khalif stated that the company continues to implement its ambitious plans using advanced drilling techniques while […]
By John Lee. The Iraqi Drilling Company (IDC), in collaboration with Schlumberger (SLB), has completed the drilling of well ZB 606 at a depth of 3,463 meters in the Zubair oil field in Basra. This marks the 36th well drilled under a contract with Italy's ENI to drill 37 wells. The well was drilled using […]
By John Lee. During the first half of 2024, the Iraqi Drilling Company (IDC) successfully drilled and rehabilitated 105 oil wells across various oil fields. General Manager Khalid Hamza Abbas reported that the company's technical and engineering teams drilled 33 new wells and rehabilitated 72 others for both national extraction companies and international firms operating […]
By John Lee. The Iraqi Drilling Company (IDC) has launched its largest drilling rig, IDC 57, at the Majnoon oil field. General Manager Khaled Hamza Abbas said the with 3,000-horsepower rig is modern, advanced and capable of drilling wells up to 8,500 meters deep. The technical and engineering teams have started drilling the Yamama appraisal […]
