Thursday, July 30, 2015

Production Update from DNO – OBI Online

Before Kirkuk-Ceyhan pipeline in Turkey was closed DNO has had an average production of 157,000 barrels of oil per day at Tawke field so far in Q3. This is documented in an announcement made by the company. Of these, 134,000 barrels transferred via the KRG, and 20,000 barrels were sold locally by DNO.

DNO stated that they will continue production uninterrupted, since they have flexibility in terms of redirecting production volumes to local markets.

In the 2nd quarter was 118,000 barrels of daily production from tawke transferred via KRG, while 31,000 barrels were sold locally, while 3,500 barrels were refined at tawke refinery. All in all output from tawke up nearly 50 percent in Q2 compared to the previous quarter, the company said in the message.

DNO also monitors developments with regard to security in the region, and states that they will take action to protect personnel and facilities as needed.

In Oman, production for Q2 averaging 9,000 barrels per day, down from 11,000 barrels per day in Q1. This is due to the shutdown of the well West Bukha-5.

The production on Block 32 and Block 43 in Yemen is still closed by force majeure.

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