Drilling Deep in Badra

Drilling in the Badra oil field in the east of Iraq is long and painful. The Iranians had this experience with first six wells drilled in their part of the shared oilfield in the past and now Russia’s Gazprom with its partners are laboring over the deep wells, having the same frustrating and sometimes disappointing experience as foreign operators who drilled on the other side of the border in recent…

Abdul Mahdi Al-Ameedi

Abdul Mahdi al-Ameedi, director general of Iraq’s oil ministry’s Petroleum Contracts & Licensing Dept. (PCLD), sheds light on the ministry’s fourth bid round scheduled for May30-31, and the service contract on offer, its advantages and shortcomings, in an interview with IOF editor Ruba Husari in Baghdad. (للنص العربي اضغط هنا) Q: Offering a service contract type with a fixed fee for oil and gas exploration work is unusual and almost…