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Add as a preferred source on GoogleBP Expands Kirkuk Drilling Under 25-Year Iraq Redevelopment Plan
The fields currently produce about 300,000 to 328,000 barrels per day combined; the plan's first target is 450,000 barrels per day.
BP is increasing drilling across the Kirkuk fields in northern Iraq as part of a 25-year redevelopment effort intended to raise the area's combined oil production capacity.
The plan covers several fields and sets an initial output goal of 450,000 barrels per day. Their combined production now stands at approximately 300,000 to 328,000 barrels per day.
The work fits BP's broader effort to expand its regional operations and production capacity.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.