KRG’s Tawke Hits 130KBD

Norwegian independent DNO has raised production from its operated Tawke oil field in Iraqi Kurdistan to a record 129,000 b/d after bringing on two new horizontal wells.

The output surge was achieved on 5 March after the start of production from two newly completed horizontal wells at a combined 37,000 b/d, the Oslo-listed company said on 17 March. DNO says it believes Tawke to be a 1bn barrel field on the basis of successful well tests to date (MEES, 28 February).

DNO Executive Chairman Bijan Mossavar-Rahmani says the higher production level is “close to the limit of what we currently can deliver by pipeline and road tanker.” With the “exceptional results” from the two new wells and a new 32-inch pipeline, the company is on track to meet its year-end target of delivering 200,000 b/d production, the company says. (CONTINUED - 306 WORDS)