Oil Minister announces increasing the production capacity of Siba Gas Field

Economy
  • 20-10-2023, 14:25
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    Baghdad-INA
     
    Oil Minister Hayyan Abdul-Ghani announced on Friday the increase in the production capacity of Siba gas field in Basra.
     
    “Deputy Prime Minister for Energy Affairs and Minister of Oil, Hayan Abdul Ghani, during his inspection visit to the Siba field, announced the ministry’s plans that aim to increase production from Siba gas field in Basra Governorate to 100 cubic meters (million standard cubic feet per day),” stated ministry of oil in a statement, received by The Iraqi News Agency-INA.
     
    Abdul-Ghani added, " Siba field is one of the important gas fields. Its current production is (50-60) cubic feet, and we plan to increase it to (100) million standard cubic feet per day." stating that " The field also produces 1200 tons of liquid gas, producing 1,000 barrels of condensate, and it depends on self-generation in the production of electrical power to power its facilities and all the facilities of the field".
     
    Abdul-Ghani pointed out, “The field facilities rely on advanced technology and resort to horizontal drilling to increase the quantities of gas invested from the border field.”
     
    He continued, "This inspection visit comes within the framework of following up on the stages of gas investment projects, which aim to add new quantities to national production, and we have directed to intensify efforts to achieve this during the coming period."
     
     
    For his part, the Director General of the Basra Oil Company, Bassem Abdul Karim, explained that “the central treatment station for the Siba gas field consists of two banks with a capacity of 55 cubic meters for each bank, with a production rate of 100 cubic meters. 10 wells have been drilled in the field, and we aim to increase their number, reaching the available production capacities, noting that “the Siba gas field is one of the gas fields that was referred within the third licensing round.”