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Russian company reduces its forecast for the production of oil field in Badra in Iraq

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Russian company reduces its forecast for the production of oil field in Badra in Iraq

Post by claud39 on Thu Nov 08, 2018 10:42 am

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Russian company reduces its forecast for the production of oil field in Badra in Iraq


08/11/2018












(Independent) ... Russia's Gazprom said on its Web site on Thursday that it has lowered its forecast for the level at which the production of the oil field in Badra will stabilize.

"Average production will peak at 80,000 bpd this year," Vadim Yakovlev, the company's executive vice president, told an interview with Energy Intelligence.

Production was expected to stabilize at 85,000 bpd in the next few years. (End)

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