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Iraqi News
20-05-2025
- Business
- Iraqi News
East Baghdad field to start producing oil and gas in 2026
Baghdad ( – The Head of Operations for the Southern Region in Iraq's Midland Oil Company (MOC), Firas Fawzi, revealed on Tuesday that the East Baghdad field will start producing gas in September 2026. In a statement to Shafaq News, Fawzi elaborated that the East Baghdad field's oil production is expected to reach 120,000 barrels per day by June 2026, suggesting that the gas production phase will begin afterwards. Gas production in the East Baghdad field is anticipated to begin in September 2026, with an expected output ranging between 25 and 50 million cubic feet per day, according to Fawzi. As part of a plan to drill 18 oil wells in the southern part of the East Baghdad field, the state-owned Iraqi Drilling Company (IDC) announced in February that drilling had begun in the first well. The Iraqi Ministry of Oil said in a statement that the step is part of the ministry's strategic goals and collaborative efforts with the Chinese company EBS to support and develop the country's oil sector. An enormous discovery just raised the reserves of the East Baghdad field, one of Iraq's most significant oil resources, to 15 billion barrels. This discovery enhances Iraq's position as one of the world's top oil producers and creates new avenues for output expansion and revenue generation. In collaboration with the Chinese oil company EBS, Iraq's Midland Oil Company (MOD) said in January that two billion more barrels had been found in the oil field. Given that this discovery represents the largest expansion in central Iraq's crude oil reserves in decades, the energy industry is paying close attention to it. Several studies are being done to develop strategies to maximize productivity and use this important resource. This finding raises the overall reserves of the East Baghdad field to 15 billion barrels, up from 13 billion barrels before the latest discovery, according to Mohammed Yassin Hassan, director general of the state-run MOC. The discovery is a major step that supports the Iraqi oil sector and increases national income since the oil field is considered the largest in central Iraq.
Zawya
14-05-2025
- Business
- Zawya
Iraq to boost East Baghdad oilfield to 120,000 bpd
The East Baghdad oil field is projected to reach a production capacity of 120,000 barrels per day (bpd) by mid-2026, the state-owned Midland Oil Company has said. The Head of Operations for the Southern Region, Firas Fawzi said the company has approved the use of advanced technologies in the field, including artificial intelligence systems to optimise output and provide early alerts to operational issues. Production at the East Baghdad field, located in the Nahrawan area, rbegan at just 1,500 barrels per day (bpd) when it was handed over to the Chinese company EPS in 2018. 'Since then, output has steadily increased, reaching 60,000 bpd today, with projections to rise to 90,000 by September 2025 and 120,000 by June 2026,' Fawzi said. He noted that out that of the current output, approximately 25,000 bpd are supplied to the Dora refinery, while the remainder is directed to power stations, including the Wasit and Al-Quds thermal plants. About 95 wells have been discovered at the East Baghdad field, with 58 of them currently in production, he added. (Writing by Nadim Kawach; Editing by Anoop Menon) (
Shafaq News
13-05-2025
- Business
- Shafaq News
East Baghdad Field taps AI, eyes 120K bpd target
Shafaq News/ The East Baghdad oil field is projected to reach a production capacity of 120,000 barrels per day (bpd) by mid-2026, an official in Midland Oil Company (MdOC) told Shafaq News on Tuesday. The Head of Operations for the Southern Region, Firas Fawzi, revealed that the company approved the use of advanced technologies in the field, including artificial intelligence systems to optimize output and provide early alerts to operational issues. Production at the East Baghdad field, located in the Nahrawan area, reportedly began at just 1,500 barrels per day when it was handed over to the Chinese company EPS in 2018. 'Since then, output has steadily increased, reaching 60,000 bpd today, with projections to rise to 90,000 by September 2025 and 120,000 by June 2026,' he noted. Fawzi further pointed out that of the current output, approximately 25,000 barrels per day are supplied to the Dora refinery, while the remainder is directed to power stations, including the Wasit and Al-Quds thermal plants. 95 wells have been discovered at the East Baghdad field, with 58 of them currently in production.
