DNO Announces Production Increase at Tawke Field in Iraq

Norwegian oil and gas operator DNO revealed Thursday that oil production at the Tawke field in the Kurdistan region of Iraq has increased between 1Q and 2Q, 2015.

DNO reported that 104,925 barrels of oil were produced per day in 1Q 2015 from the Tawke field, compared to an average production rate of 146,309 bopd in the current quarter to date. The company also stated that a new daily record of 170,000 barrels of oil had been produced from Tawke.

DNO Executive Chairman Bijan Mossavar-Rahmani commented in a company statement:

"We are ramping up production, export and local sales following the recently completed Tawke capacity expansion. We will dust off investment plans as our revenue stream continues to grow."

In May 2015, DNO completed a two-year investment program, which doubled Tawke wellhead, processing and pipeline capacity to 200,000 bopd with the addition of ten horizontal wells, two production trains and a 27 mile, 24-inch pipeline.

Have a news tip? Share it with Rigzone!
Email news@rigzone.com


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
Shop Mechanic - Grand Prairie, TX
Expertise: Customer Service|Mechanic
Location: Grand Prairie, TX, TX
Diesel Mechanic for Williston, ND!
Expertise: Mechanic
Location: Williston, ND
Branch Manager for Heavy Equipment Dealership in Mississippi
Expertise: Facilities Management|Mechanic
Location: Mississippi, United States, MS
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours