Maysan Oil Company: Drilling of 122 wells completed in Halfaya oil field

in Halfaya oil field within the development field plan.

The company’s spokesman, Khaled Wahem told Shafaq News, that "the number of wells drilled in Halfaya oil field rose to 122 wells in addition to 18 wells in Bazerkan field as drilling operations are still ongoing."

Wahem added that " the increase in the number of completed wells in Halfaya field will lead to raise the oil production ceiling gradually."

Halfaya oil field in Maysan province is considered one of the biggest productive fields in the province and has oil reserves rate extracted from the oil fields of the province to (16) billion barrels per day, as well as large amounts of gas as the Chinese Petro China Company works to develop the field.

Halfaya oil field produces currently 200 thousand barrels of oil after the completion of the first two phases of development for the period from 2012 to 2014 at a cost of about $ 3 billion, according to a statement by the Chinese company in an official statement last year.