Russian oil company Gazprom Neft said nearly half of the total production from an eastern Iraqi oil field came online this year. Photo courtesy of Gazprom Neft KUT, Iraq, July 25 (UPI) — Production momentum at the Badra oil field in eastern Iraq has resulted in almost half of the total volumes emerging this year, Russian company Gazprom Neft said. Gazprom Neft said its Iraqi subsidiary commissioned its 10th production well at the Badra oil field in Wasit province in eastern Iraq, near the border with Iran. “With production volumes at the newly launched well now at 6,527 barrels per day, its commissioning has allowed daily production levels at the field to reach 67,000 barrels,” the company said in a statement. Total production at Badra now stands at 2.9 million barrels of oil, the company said, with almost half of that coming online since the start of 2016. An […]