Badra oil field with estimated reserves of over 3 billion barrels of oil is located in Wasit Province in Eastern Iraq.
In order to develop the oil field, an operator company, Gazprom Neft Badra, has been established, representing the interests of the international consortium comprising Gazprom Neft (Russia), KOGAS (Korea), Petronas (Malaysia), TPAO (Turkey), and the Iraqi Government. The project is scheduled for 20 years. By June 1, 2016 the cumulated oil production in Badra field reached almost 19 million barrels.
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