DNO oil completes three new production wells in Kurdistan

Norwegian DNO oil and gas operator announced on Wednesday that the company has finished three new oil wells in the field of Tawke in northern Kurdistan Region.

ERBIL, Kurdistan Region (Kurdistan24) – Norwegian DNO oil and gas operator announced on Wednesday that the company has prepared three new oil wells in the field of Tawke in northern Kurdistan Region.

The company stated that the completion of the three oil wells is part of a drilling program that started in July 2016. Tawke oil field is located in the northwestern of Duhok Province.

“The Tawke-31 well, targeting the main Cretaceous reservoir will be brought on production following an acid stimulation program. Two additional wells targeting the shallow Jeribe reservoir, Tawke-33, and Tawke-34, are also being readied for production. A fourth well, Tawke-37 will be spud next week,” the statement read.

According to DNO, the cost of the four wells is estimated to be under USD 20 million in total as it would add around 10 percent to the output capacity of Tawke field.

“Earlier this month the company also spudded the Peshkabir-2 well to appraise the Jurassic reservoir and explore the deeper Cretaceous horizon on a previous discovery to the west of the main Tawke field,” the report added.

It also mentions that DNO expects to restart investment to increase production to the level of 135,000 barrels of oil per day (bopd) “following the resumption of regular and predictable payments” from the Kurdistan Regional Government (KRG).

The company acknowledges that the production of Tawke oil field recently has averaged 109,159 bopd that 108,759 bopd was delivered to Ceyhan port in Turkey for export.

DNO operates in the Middle East and North Africa, including the Kurdistan Region, Yemen, Tunisia, Oman Somaliland and the United Arab Emirates.

 

Editing by Ava Homa