Gazprom Neft started oil production at its fourth well at the Badra field in Iraq. The high flow rate P-05 well has increased the field’s total production to approximately 28,000 B/D. The new well will allow geological and engineering operations to be conducted at nearby wells without significant effect on the field’s output. Gazprom Neft (30%) is the operator with partners Iraqi Oil Exploration Co. (25%), Korea Gas (22.5%), Petronas(15%), and Turkish Petroleum (7.5%).
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