Dec. 29 (Bloomberg) -- Crude production at Iraq’s Halfaya field, whose shareholders include Total SA, increased after a well started, according to Missan Oil Co., which is overseeing the project.
The well, one of 10 being drilled to develop the area, added 2,000 barrels a day in production, Director General Ali Muarej said in a statement on the company’s website today. Output will start at three more wells next month, he said.
Total, China National Petroleum Corp. and Petroliam Nasional Bhd., known as Petronas, are developing Halfaya. CNPC has a 50 percent share in the project, with Total and Petronas each owning 25 percent.
Output at Halfaya field will rise to 70,000 barrels a day in 2012, As Sabah newspaper said Oct. 9.
--With assistance from Nayla Razzouk in Dubai. Editors: Rachel Graham, Rob Verdonck
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