Gazprom Neft produces its two-millionth tonne of oil in Kurdistan

Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth tonne of oil since starting commercial production at its Sarqala field in the Kurdsitan Region of Iraq.

Sarqala field in the Kurdsitan Region of Iraq

First oil was obtained at the Garmian block, which includes the Sarqala field, in 2011. Commercial oil shipments commenced in 2015, with the commissioning of the Sarqala-1 well. The second production well was launched in 2018. A third well, with production capacity of 12,000 barrels per day (bpd), has now gone into operation at the field — the launch of which has seen total daily production volumes increase by 25 percent, reaching 35,000 barrels. Total cumulative production at the field now stands at two million tonnes, or more than 15 million barrels of oil since the start of commercial production four years ago.

Field infrastructure has seen considerable expansion throughout this asset’s development, with a new high- and low-pressure separation processing line constructed here, together with two 17,000-barrel-capacity reservoirs (tanks), and the reconstruction of the oil-tanker loading systems — this modernisation providing transportation and storage capacity for significantly higher oil production. A reservoir-water utilisation unit will be built at the Sarqala field this year, with throughput capacity of 5,000 barrels per day.

Gazprom Neft Middle East B.V. CEO Sergei Petrov commented: “The production of the two-millionth tonne of oil at Sarqala marks a significant point in developing this important and promising asset. We’ve made great strides in our four years’ working at the Garmian block, commissioning three wells and putting in place cutting-edge and highly developed infrastructure. In moving into a new phase in developing this field we already have detailed information on the geological characteristics of the region. This means we will, very shortly, be able to determine the direction of the further development of this asset in the Middle East.”
Sergei Petrov Gazprom Neft Middle East B.V. CEO
Reference

Gazprom Neft is involved in implementing two projects in the Kurdistan Region of Iraq (KRI), at the Shakal and Garmian blocks. Gazprom Neft’s interest in the Shakal block is 80 percent (with the remaining interest being held by the Government of the KRI), and 40 percent in the Garmian block (with the Government of the KRI holding 20 percent, and Canada’s WesternZagros 40 percent). Gazprom Neft has been Operator on the Garmian project since February 2016.