Rumaila field iraq 4ever
The Rumaila Field in Iraq!
The Rumaila Field is one of the largest oil fields in the world, located in southern Iraq, near the city of Basra. It's a significant source of oil for the country and has been a major contributor to Iraq's economy.
Here are some interesting facts about the Rumaila Field:
- Size: The Rumaila Field covers an area of approximately 53 square miles (137 square kilometers), making it one of the largest oil fields in the world.
- Reserves: The field is estimated to hold around 17 billion barrels of oil, with a daily production capacity of around 1.3 million barrels.
- History: The Rumaila Field was discovered in 1953 by the Iraqi Petroleum Company (IPC), a British-led consortium. It was one of the first major oil discoveries in Iraq.
- Production: The field has been producing oil since 1954, with peak production reaching around 1.5 million barrels per day in the 1970s.
- Operator: The Rumaila Field is operated by Basra Oil Company (BOC), a subsidiary of the Iraqi Ministry of Oil.
- Investment: The field has undergone several major investment projects to increase production and improve infrastructure, including a $1.1 billion project to increase production capacity to 1.5 million barrels per day.
- Environmental concerns: The field has faced environmental concerns due to oil spills and leaks, which have affected local wildlife and water sources.
The Rumaila Field is a vital part of Iraq's economy and energy sector, and its continued production is crucial for the country's economic development.
So, "Rumaila Field Iraq 4ever" indeed!