Canadian minnow Shamaran’s Q2 results presentation says that its Atrush field in Iraqi Kurdistan averaged 33,900 b/d in July, a new monthly record. Q2’s record average of 28,295 b/d looks set to be swiftly overhauled. Debottlenecking has raised processing capacity from 30,000 b/d to 34,000 b/d and is slated to reach 38,000 b/d in Q4. Meanwhile an early production facility is slated to add a further 10,000 b/d by year-end (MEES, 10 March 2017).
Atrush (Taqa 47.4%op, Shamaran 27.6%, KRG 25%) is vying with Gulf Keystone’s Shaikan field and Gazprom Neft’s Sarqala to be the third largest in the region. Sarqala had been producing around 21,000 b/d and brought on a 12,000 b/d capacity well last quarter. Meanwhile Shaikan was at 36,000 b/d in May and Gulf Keystone targets 55,000 b/d capacity in 1Q 2020. (CONTINUED - 134 WORDS)