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The daily crude oil output of CNOOC Missan Oilfield Group has exceeded 300000 barrels

Time: 2022-11-22 10:37:06 Source: Author:

On November 16, the daily crude oil output of the Missan oilfield group in Iraq, operated and served by CNOOC Iraq, a subsidiary of CNOOC Group, exceeded 300000 barrels (about 45000 tons) for the first time, reaching the peak output of the oilfield, which is of great significance for promoting the joint construction of the "Belt and Road" energy cooperation between China and Iraq and assisting the development of Iraq's oil industry.

The Missan oil field is a large 100 million ton oil field, located in the southeast of Iraq, adjacent to the Iranian border, 350 kilometers away from the capital Baghdad. In 2010, CNOOC and Turkish National Petroleum Corporation signed a 20-year technical service contract for Missan oilfield group with Iraq. By the end of October this year, the cumulative oil production of Missan oilfield group had exceeded 1 billion barrels.

The relevant person in charge of CNOOC Iraq said that in recent years, in the face of many challenges such as the COVID-19 epidemic, CNOOC overcame difficulties, overcame adverse factors such as natural decline of oil fields, limited operating equipment and support resources, and took a series of management innovation measures and technical breakthrough measures to effectively solve the bottleneck problems restricting production, The target of 300000 barrels per day was achieved ahead of the original plan, and the peak output was fully guaranteed for seven years.

At present, CNOOC has carried out energy cooperation in more than 40 countries and regions on 6 continents, and established several overseas oil and gas production bases, with the net proven reserves of overseas oil and gas exceeding 2 billion barrels of oil equivalent.

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