On Thursday, DNO, the Norwegian oil and gas operator, suggested a 24-percent increase in sales to USD one hundred seventy million within the 1/3 zone of 2024, with working income also higher at USD 31 million, up from an working lack of USD 3 million inside the preceding sector.
regarding operations in the Kurdistan region of Iraq:
Tawke License
Gross production from the DNO-operated Tawke license, containing the Tawke and Peshkabir fields, averaged 84,212 bopd throughout the third region (seventy nine,783 bopd in Q2 2024). The Tawke field contributed 29,693 bopd (30,684 bopd in Q2 2024), and the Peshkabir discipline contributed fifty four,520 bopd (49,099 bopd in Q2 2024) throughout this period.
at the Tawke license, 3 wells that were drilled but not finished due to the closure of the Iraq-Türkiye Pipeline closing 12 months have been delivered onstream midyear 2024 to satisfy demand from neighborhood investors. The 3 new wells contributed 7,800 bopd to gross production inside the quarter. in addition spending on well interventions, which includes workovers, helped upload an anticipated 3,four hundred bopd.
bills stay made with the aid of neighborhood investors earlier to our international bank debts. DNO holds a 75 percent operated hobby in the Tawke and Peshkabir fields, with associate Genel power global restrained maintaining the ultimate 25 percentage.
Baeshiqa License
due to the closure of the export pipeline, the DNO-operated Baeshiqa license has not been in production for the reason that mid-2023. The corporation is reviewing results of well-checking out packages and thinking about next steps.
DNO holds a sixty four percentage operated interest within the license (eighty percentage paying hobby), with companions being Turkish electricity company (TEC) with a 16 percentage hobby (20 percentage paying hobby) and the KRG with a 20 percentage carried hobby.
internet production (bopd) according to field in Kurdistan:
