Originally published June 25, 2009 at 11:11 AM | Page modified June 25, 2009 at 11:15 AM
Comments (0)
E-mail article
Print view
Share
Iraq's first postwar oil bidding for oil contracts
Iraq is scheduled to open its first postwar bidding for oil service contracts on Monday. International oil companies were expelled by Saddam Hussein more than 30 years ago. The companies that qualified for the bidding, along with the fields and reserves, are compiled below.
Iraq is scheduled to open its first postwar bidding for oil service contracts on Monday. International oil companies were expelled by Saddam Hussein more than 30 years ago. The companies that qualified for the bidding, along with the fields and reserves, are compiled below.
UNITED STATES: Chevron, ConocoPhilips, Exxon Mobil, Hess Corp., Marathon International Petroleum Ltd., and Occidental Petroleum Corp.
United Kingdom: BP Group PLC.
Japan: Inpex Holdings Inc., Japex and Nippon Oil Corp.
Australia: BHP Billiton Ltd. and Woodside Petroleum Ltd.
China: China's CNOOC Ltd., CNPC International Ltd., Sinochem International Co. Ltd., and Sinopec Shanghai Petrochemical co. Ltd.
Italy: Edison International SPA and Eni.
Russia: JSC Lukoil and JSC Gazprom Neft.
France: Total SA.
South Korea: Korea Gas Corp).
Spain: Repsol YPF SA.
Norway: StatoilHydro ASA.
![]()
Netherlands: Royal Dutch Shell.
Canada: Nexen Inc.
Denmark: Maersk.
India: ONGC Ltd.
Malaysia: Petronas Gas BHD.
Indonesia: PT Pertamina.
The six state-run oil firms that have been added are Turkish Petroleum Corporation (TPAO), Algeria's Sonatrach, PetroVietnam, Angola's Sonangol SA, Pakistan Petroleum Ltd., and Petroleum Authority of Thailand.
OIL AND GAS FIELDS
BASRA OIL FIELDS:
Rumaila: The field is made up of two separate fields; North and South Rumaila. Together they have an estimated of almost 17.8 billion barrels of oil in reserves. It currently produces slightly over 1 million barrels a day, and its production target is about 1.8 million barrels per day.
West Qurna Stage 1: It has estimated reserves of 8.6 billion barrels, and currently produces about 280,000 barrels a day. The production target is slightly over 600,000 barrels per day.
Zubair: It holds an estimated 4.1 billion barrels of oil. Its current production is about 230,000 barrels per day and its target production is slightly over 400,000 barrels per day.
MISSAN OIL FIELDS:
They are three adjacent fields offered as one group. Total daily production ranges from 100,000 to 110,000 barrels per day with target output at about 300,000 barrels per day.
Fauqa (or Fakkah): Almost 1.55 billion barrels of oil in reserves.
Buzurgan: About 612 million barrels of oil in reserves.
Abu Gharab: About 454 million barrels of oil in reserves.
KIRKUK OIL FIELDS:
Kirkuk: It has estimated reserves of almost 8 billion barrels. Current production is slightly over 400,000 barrels per day. Target production is about 625,000 barrels per day.
Bai Hassan: It has almost 2.4 billion barrels of oil in reserves. Current daily production is about 150,000 barrels per day. Target production is about 230,000 barrels per day.
GAS FIELDS:
Akkas Field in Anbar Province:Undeveloped. At least 2.15 trillion cubic feet of reserves and potential production of 500 million cubic feet per day.
Mansouria in Diyala Province: Undeveloped. An estimated 3.3 trillion cubic feet of reserves with production potential of 330 million cubic feet a day.
Source: Iraq's Oil Ministry
Copyright © The Seattle Times Company
More Business & Technology headlines...
E-mail article
Print view
Share
The local, public face of Chase, Phyllis Campbell is trading on trust
10 investing missteps to avoid
Sunday Buzz: Boeing fighter to run on biofuel; Mastro bankruptcy trustee keeps job
On the Economy: Washington state has to play the add-value card, not low-cost-leader ace

Mourners gather at KeyArena for slain officer's memorial
Mourners gathered at KeyArena for the memorial service of Seattle police Officer Timothy Brenton on November 6, 2009.
nwjobs

Post a comment

Michelle Goodman blogs about work/life balance.
How to tell your office you're gravely ill
Post a comment
nwautos

Choosing a new sedan? Weigh the impact of your choice on your wallet and on the planet.
Post a comment
- Suspect in officer's slaying shot by police
- Flags were key link to cop slaying, bombings
- Suspect shot as city mourns slain officer
- Mourners gather at KeyArena for slain officer's memorial
- Briefs | Soccer: New Mexico suspends hair-pulling player Elizabeth Lambert
- McGinn pulling away as late ballots come in
- Thunder and lightning again lighting up sky
- Datsun 210 sought in police shooting
- Voters expand same-sex rights
- Details emerge about Fort Hood suspect's history
- UCLA game thread
937 - Suspect shot as city mourns slain officer
389 - Weapons, bomb-making materials found in suspect's apartment
328 - Troubling portrait emerges of Fort Hood suspect
284 - Decision day for health care in the House
187 - McGinn widens lead over Mallahan in Seattle mayoral race
183 - Schools emerge as new tactic in gay marriage votes
97 - Huskies suffer another heartbreaking loss to UCLA
85 - Using anti-shooter tactics, civilian Army police officer brought down gunman
71 - Referendum 71 show's Washington's strategy for marriage equality is working
69
- Suspect shot as city mourns slain officer
- Recipe: Penne with Smoked Turkey Sausage
- Suspect in officer's slaying shot by police
- Flags were key link to cop slaying, bombings
- Nancy Leson | An elegant offshoot of Seattle's Wild Ginger in Bellevue
- Voters expand same-sex rights
- Shoreline man killed when struck by falling tree part
- Tim Lincecum charged with misdemeanor possession
- Do It in a Day | Spend a cozy, homey day in Edmonds
- Green River Valley: Anxiety ebbs over flooding potential





