PetroChina has let an engineering, procurement, and construction (EPC) contract to Wood for the West Qurna 1 oil field in southern Iraq.
PetroChina has let an engineering, procurement, and construction (EPC) contract to Wood for West Qurna 1 oil field in southern Iraq.
West Qurna 1 is about 50 km northwest of Basra and holds more than 20 billion bbl of recoverable reserves. Crude oil output is about 550,000 b/d with low water cut.
PetroChina replaced ExxonMobil Corp. as operator at West Qurna 1 in 2024. Petrochina holds 32.7% interest with partners Busra Oil Co. (22.7%), Pertamina (20.0%), ITOCHU Corp. (19.6%), and Iraqi Oil Exploration Co. (5.0%).
Alex Procyk is Upstream Editor at Oil & Gas Journal. He has also served as a principal technical professional at Halliburton and as a completion engineer at ConocoPhillips. He holds a BS in chemistry (1987) from Kent State University and a PhD in chemistry (1992) from Carnegie Mellon University. He is a member of the Society of Petroleum Engineers (SPE).
