Halliburton wins Iraq drill contract from ExxonMobil

Author: 
REUTERS
Publication Date: 
Mon, 2011-04-11 22:38

Halliburton will provide a complete range of construction services using three drilling rigs to deliver the wells in the first phase of the West Qurna project, said Joe Rainey, president of Halliburton’s Eastern Hemisphere operations.
The company gave no financial details of the contract.
Last month, ExxonMobil Iraq, a unit of global oil giant Exxon Mobil, said production from its West Qurna I oil field rose to 285,000 barrels per day, above the 10 percent target set under technical services contract.
ExxonMobil Iraq is the lead contractor with 60 percent interest working with South Oil Company of Iraq.
Co-developers of West Qurna I include Oil Exploration Company of Iraq with a 25 percent interest. Shell West Qurna B.V., and a Royal Dutch Shell affiliate holds 15 percent interest.

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