Oil Ministry: 194 wells will be drilled and reclaimed this year
The Iraqi Drilling Company counted, on Friday, the number of oil wells completed during the year 2024, while indicating that the current year's plan includes drilling and reclaiming 194 wells.
The Deputy Director General of the Iraqi Drilling Company, Kadhim Habash Khalif, told the Iraqi News Agency (INA): "The company completed drilling 51 wells and reclaiming 137 oil wells in various Iraqi fields during the year 2024, including Zubair, Majnoon, West Qurna, Bazargan, East Baghdad, Dhi Qar, and Kirkuk, as part of its commitment to supporting national production operations and enhancing operational efficiency."
He pointed out that "the company achieved the highest safety rating for 2024 in the Majnoon oil field, thanks to the effective application of the Integrated Management System (IMS) and strict adherence to health, safety and environmental standards, in addition to implementing intensive training programs to develop the skills of its cadres according to the latest international technologies."
As part of its future vision, the Deputy Director General revealed "an ambitious plan for 2025 that includes drilling 64 wells and reclaiming 130 other wells, in an effort to enhance the production capacity of the Iraqi oil sector," indicating that "this plan will be reinforced by new strategic contracts with major international companies, such as BP, ENI, CNOOC, and Total, which reflects the great confidence in the company's capabilities and the efficiency of its technical operations."
He continued, "The Company continues to implement qualitative projects that contribute to supporting the Ministry of Oil's plans to raise production levels, in line with national strategic directions," stressing "its keenness to adopt the latest technologies and achieve the highest levels of performance in the drilling and reclamation sector."
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