DNO posts reduced production, updates on wells
Fall in Yemen production offsets gains from Tawke field in KRG
Kurdish-focused E&P independent DNO has confirmed that its production for October of 30,635 bpd, a reduction of around 6,000 bpd against the quarter to September.
The Norwegian firm said in a company statement today that production from the Tawke field in the Kurdish region of Iraq in October was 26,649 bopd. DNO’s WI production for 2011 to date from Kurdistan was 35,517 bopd.
The firm's production in Yemen largely offset the Kurdish gains: DNO’s working interest production from operations in the fractious country averaged 3,986 bpd, down from 4,170 bpd in September.
The company also gave an update of progress at the Summail-1 well, where testing is now completed.
"The test results confirm the presence of heavy crude oil in the Jurassic interval and natural gas in Cretaceous'" says the company statement. "The Triassic interval tested water. Sustainable rates were not achieved during the tests of the oil bearing Jurassic intervals, and DNO will evaluate alternative methods for re-testing these zones at a later stage."
"The lowermost part of Cretaceous tested water. A Cretaceous middle interval tested natural gas at a test rate of 8MM scf/day. This test interval is approximately 200 m below the initial test carried out whilst drilling the top of Cretaceous; which tested 3.6MM scf/day."
"DNO will now evaluate the significance of the oil and gas discoveries in Summail-1, and a 3D seismic acquisition across the entire Summail structure is being considered as part of the 2012 work."
The comapny says the Pehkabir-1 exploration well is "progressing according to plan," and the sixteenth exporatory well at the Tawke field will commence drilling "in the next few weeks."