guardian.co.uk - 4/17/2009
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Reuters, Friday April 17 2009 *Foreign investment needed for oil well plans *70 new oil wells to start pumping soon *Iraq addressing oil infrastructure shortfalls By Aref Mohammed BASRA, April 17 (Reuters) - Iraq needs foreign companies to invest in drilling more oil wells as it does not have ...
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Iraq addressing oil infrastructure shortfalls
Peak Oil News —
... Political and Legal News Iraq needs foreign companies to invest in drilling more oil wells as it does not have the capacity on its own to more than double national output of 2.3-2.4 million barrels per day of crude, the oil minister said. Oil Minister Hussain al-Shahristani said Iraq has 70 new oil wells ready to start pumping crude in the next two months but lacks the infrastructure and resources to add much more than another 100 in its southern fields without foreign investment. Guardian
Iraqi Oil: Black Gold or Black Hole?
The Oil Drum —
... Creeping water cut levels, this second article from the Guardian indicates an aggressive plan by the Iraqi oil ministry to deal with wet crude through the issuance of several tenders to deal with the issue: ...
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