03-08-08 An Iraqi official stated that his country was able to rehabilitate and repair 225 oil wells, of which their production rates range between 250,000-300,000 bpd in the context of plans to increase crude oil production.
Jabbar Allaibi Director-General of the oil company clarified: "Rehabilitation and repair of 225 oil wells during the past nine months will enhance the expected production from oil fields ranging between 250,000 and 300,000 barrels of daily production rates, climb to 2 mm and 300,000 barrels, then the current rates that are about 1 mm and 970,000 barrels".

South Oil Company which was founded in the early seventies last century in the city of Basra, owns the investment rights and prospecting in 70 % of Iraqi territory and its operations are extending on a large area starts from Basra in southern Iraq to the east of Baghdad.
It discovered more than 70 oil fields in those areas, including 20 fields which are partially exploited.

The Iraqi official stated we have a plan "aimedat drilling 10 wells in oil fields of the Dome of Safwan and Arkatah which lie south-west of Basra, the common borders with Kuwait."
"The company has completed drilling of two oil wells in Arkatah field which is producing 20,000 bpd and two wells in the Dome Safwan, which range between 6,000-7,000 bpd."