and CNPC. An estimated $15 billion will be spent on enhancing the operations at Rumaila over the next 20 years. Production As of December 2015, the field produces making up 40% of Iraq's oil production of . Currently ~270 production wells are operating at Rumaila. BP and CNPC intend to raise the production to within the next six years. Once this production milestone is reached, Rumaila will become the second largest oil field in the world after the Saudi Arabian Ghawar oil field. However, it is likely that the target for peak production is cut down to between 1.8-2.2 million barrels per day (bpd), the Iraqi oil ministry and oil industry sources said. The field produced in 2019. Production Facilities Oil production is operated by Rumaila Operating Organisation, with 14 "degassing stations" currently installed - 7 in the North field and 7 in the South field. These stations provide 3-phase separation (oil, water & natural gas). Crude oil is sent by pipeline to local refineries or ports in Basrah for export. Natural gas is provided to the Basrah Gas Company. Water is disposed into disposal wells. Degassing station names: North Rumaila: DS1, DS2, DS3, DS4, DS5, NIDS, SIDS South Rumaila: Markezia (Rumaila), Janubia, Shamyah, Qurainat, Mishrif Shamyah, Mishrif Qurainat, Ratqa Drilling contracts In early 2010, BP subcontracted deals valued at around $500 million to Weatherford International, consortium of Schlumberger and Iraqi Drilling Co, and Daqing Oilfield Company Limited from China to drill 49 new wells at Rumaila. Weatherford is going to drill seven wells while partnership of Schlumberger and Iraqi Drilling Co, and Daqing Oil Field Co will drill 21 wells each. In February 2011, Conceptual Design, Front End Engineering Design (FEED), Minimum Work Obligations and Integrated Project Management Team (IPMT) services contract was awarded to WorleyParsons Reserves Rumaila reportedly holds an estimated of oil; which accounts for 12% of Iraq's oil reserves, estimated at 143.1 billion barrels. The oil sits approximately below the surface which is considered an easy target for production. At current production rate of 1,330,000 barrels per day (211,000 m3/d), the reserves-to-production ratio is 35 years. Importance Rumaila oil field was critical in the 1990 Gulf War. Iraq, after accusing Kuwait of allegedly side-drilling under Iraqi soil, launched an attack on Kuwait on 2 August 1990. In addition, Kuwait had been producing quantities of oil, which were above treaty limits established by OPEC. In fact, before