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BUZZ-Production at Rumaila oil field in Iraq reaches 27-year high - BP

Tue, 20th Dec 2016 10:19

LONDON, Dec 20 (Reuters) - ** BP says oilproduction at Rumaila oil field in Iraq has reached over 1.45million barrels per day (bpd), highest in 27 years, up from 1million bpd in 2009

** Rumaila has produced 3 billion barrels of oil since Jan.2010, when a joint venture between BP, PetroChina and the South Oil Company of Iraq began operating the field

** Water injection rose from 60,000 bpd in March 2013 to900,000 bpd in October 2016 following the renovation of theQarmat Ali water treatment plant, five pumping stations andassociated pipelines

** Iraqi state has earned $200 billion in revenue from oilproduced from Rumaila

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