Hydro

Japan Petroleum Exploration (Japex) has announced the commencement of oil production at the Garraf oil field located in Thi Qar Province, Iraq.

The field is being operated by Malaysian national oil company Petronas. Also involved is state partner North Oil.

The partnership achieved a first commercial production of around 35,000 barrels of oil per day (bopd) in 90 days, and plans to increase this to 230,000 bopd by 2017.

The companies acquired rights to the oil field under Iraq’s second petroleum licensing round in December 2009.

A base camp was completed in March 2011. The companies initiated drilling of the wells in June 2011.

Surface facilities have been constructed, which are required for initial production. Two appraisal and nine development wells have also been drilled.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The Garraf oil field was discovered in 1984, and includes an anticlinal structure 17.5km long and 5.5km wide.


Image: location map of Garraf oil field. Photo: courtesy of Japex.

Nri