Nahr Bin Umar oil field

The Nahr Bin Umar field (also known as the Nahr Umr field) is located in southern Iraq, 15 kilometers (km) to the north of Basra. The deposit covers an area roughly 40 kilometres (km) long by 25 km wide and was first drilled in 1948

France's Total agreed to survey the field in 2008. They estimated that it held 6.6 billion barrels of crude and 12 billion cubic feet (bcf) of natural gas.

Contract Negotiations
In March 2009 Total, Statoil, Chevron and a possible fourth Iraqi state-owned oil company were reported to be holding negotiations with the Iraqi Ministry of Oil over the Nahr Umr field.

However as of December 2012 no deals had been made and Iraq's state-owned South Oil Company was developing the field.

Production and Export
In September 2010, Iraq's state-owned South Oil Company decided to increase the field's production to 70,000 barrels per day (bpd) by the last quarter of 2011.

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