The Tawke license is the largest foreign operated block in Iraqi Kurdistan, with 2020 average production of 110,000 b/d. Output is from two fields on the license – Tawke and Peshkabir. In announcing receipt of payment for February crude oil production from Tawke on 13 April, operator DNO (75%) announced that it is reaping the rewards of increased investment in recent months.
“With resumption of payments, the partners have stepped up drilling of new wells at Peshkabir and workovers of existing wells at Tawke in 2021 raising gross operated license production from an average of 110,300 barrels of oil per day (bopd) in 2020 to 110,900 bopd in January, 112,000 bopd in February, 113,100 bopd in March and 115,500 bopd month-to-date in April.” (CONTINUED - 140 WORDS)