Exxon Mobil Corp. (XOM) is planning to raise production from Iraq's supergiant West Qurna oil field to 250,000-260,000 b/d during the first quarter of next year, the company's vice president said Monday.
Exxon Mobil Corp. (XOM) is planning to raise production from
Iraq
's
supergiant
West Qurna
oil field to 250,000-260,000
b/d during the first quarter of next year, the company's vice president said
Monday.
"Now the field produces a little more than 200,000 barrels a day,"
James B. Adams told Dow Jones Newswires in an interview.
Exxon Mobil and its partner Royal Dutch Shell PLC (RDSA) will also announce
later this year a number of tenders for drilling new wells and a 3D seismic
survey,
Adams
said on the sidelines of an oil symposium held by
the Iraqi oil ministry to tackle obstacles facing international companies in
Iraq
's oil
expansion efforts.
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