Hunt Oil Restarts Kurdistan Production, Targeting Normal Output

US company Hunt Oil has resumed operations in the Kurdistan Region's Duhok province after a month-long halt caused by drone attacks in July. The company expects production to return to normal by the end of the month, following a trend of producers restarting in the region.

The logo of Hunt Oil Company can be seen in this photo. (Photo: Kurdistan24)
The logo of Hunt Oil Company can be seen in this photo. (Photo: Kurdistan24)

ERBIL (Kurdistan24) – American energy firm Hunt Oil has resumed its operations in the Kurdistan Region, announcing on Saturday that it is restarting production nearly a month after a series of drone attacks struck oil fields and disrupted the region's output.

A company spokesperson confirmed that production is expected to return to its normal state by the end of this month.

The spokesperson, in a statement to the Reuters news agency, specified that oil production at the Ba'adre oil field, which the U.S. company operates in the Shekhan district of Duhok province, is anticipated to be fully restored by the end of August.

The resumption of Hunt Oil's activities was confirmed by the spokesperson on Friday, marking a significant step toward stabilizing the region's energy sector following a period of heightened security threats.

The move by Hunt Oil is part of a broader trend of international energy companies restarting their activities in the region.

The resumption of operations follows a similar announcement from the Norwegian company DNO, which also recently declared the restart of its oil production at fields in the Kurdistan Region that were impacted by last month's attacks.

The operational halt was a direct consequence of a volatile period in July, during which the Kurdistan Region's energy infrastructure was subjected to a sustained campaign of drone attacks. 

According to security sources, the region's oil fields were targeted by more than 20 drone attacks over the course of the month.

These attacks inflicted material damage on the fields and the infrastructure of the oil-producing companies, significantly reducing the region's overall production capacity and leading to a complete halt of operations in some locations.

The impact on the Kurdistan Region's output was substantial.

Energy officials, speaking to Reuters last month, reported that the drone attacks had led to a decrease in oil production by an estimated 140,000 to 150,000 barrels per day.

The return of Hunt Oil and other producers is a critical development in recovering this lost production and restoring confidence in the security of the region's vital energy industry.

 
 
Fly Erbil Advertisment