Gulf Sands increases production in Syria to 15 thousand barrels per day

Category: Companies Operating in Syria | Posted on: 24-08-2009

Chief Executive Officer of Oil Company Gulf Sands Mahdi Sajjad said that the company increased its production of oil in fields that invest in Syria – area 26 “Khourbet al- Sharqia near Qamishli” to 15 thousand barrels per day, though it will rise later to 16 thousand barrels.

 


Sajjad said in a statement that the company started production of 10 thousand barrels by drilling additional wells to increase production based on the studies showed the feasibility of drilling.

 
He pointed out that the company is currently developing Storing studies of the field that was discovered in order to expand production to larger quantities … He pointed out that the company now has enough information to expand.

 
Gulf Sands started production through an early plant the production by extending recently to increase its to 18 thousand barrels per day capacity plant today as the company has drilled additional wells so that production is currently from 8 wells in the region 26 near the east devastated Qamishli.

 
According to Sajjad the company has ambition to produce quantities ranging from 25 to 30 thousand barrels per day after installing the base station and calling to reach the level of 30 thousand barrels that is very important in a country such Syria.

 
Sajjad said: “the Syrian government has contributed to the access to these promising results … stressing that without the support of the Syrian government have been able Gulfsands work so quickly and have been able to achieve such good results.

 
In response to a question … said that Gulf Sands is currently considering several projects in the oil business in Syria either for production or for the rehabilitation of some of the fields the company has made several bids put forward by the SPC to explore and rehabilitation some of the fields.

 
Sajjad’s view point is that energy industry in Syria has a broad prospect … especially if you look at it from the perspective of Turkish-Iraqi-Syrian coalition and this is what Made it look Gulf Sands in Syria and Iraq, a long-term.

 
He added: We must all recognize that the geographic location and trade cooperation with the fullness of their human resources and investment possibilities, the Syrian state appears well positioned to lead an economic alliance in the region, aggravated by its political strength and immunity.

 
The Gulf Sands is a British company that has oil investments in the United States, Iraq and Syria.

 
It is noteworthy that the company operating in the Gulf Sands Block (Area) No. 26 in Syria, as you can see the rest of the areas (blocks) and the companies that operate by clicking here>

 
Syria-oil


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