Exxon Mobil Corp. (XOM) is planning to raise production from Iraq 's supergiant West Qurna oil field to 250,000-260,000 b/d during the first quarter of next year, the company's vice president said Monday.

"Now the field produces a little more than 200,000 barrels a day," James B. Adams told Dow Jones Newswires in an interview.

Exxon Mobil and its partner Royal Dutch Shell PLC (RDSA) will also announce later this year a number of tenders for drilling new wells and a 3D seismic survey, Adams said on the sidelines of an oil symposium held by the Iraqi oil ministry to tackle obstacles facing international companies in Iraq 's oil expansion efforts.
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