DNO announces recovery of oil production in Kurdistan after severe floods

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DNO announces recovery of oil production in Kurdistan after severe floods

DNO, the Norwegian oil and gas administrator, declared that creation tasks at the Tawke and Peshkabir field permit in the Kurdistan Locale of Iraq (KRI) have recuperated from heavy flooding that additionally washed away enormous areas of the banks of the Khabur Waterway, harming streets and disrupting stacking of big hauler trucks for conveyances to purchasers
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That’s what the organization expressed “the flooding came about because of nearby storms joined with snowmelt in adjoining Turkiye in the last 50% of Spring. This drove DNO to briefly close in its Tawke field for wellbeing reasons while keeping up with continuous activities at the less uncovered Peshkabir field, likewise inside the Tawke permit.”

It added, “Gross permit creation dropped from over 80,000 barrels each day (bopd) to a normal of 65,000 during a 10-day time frame however was reestablished to its pre-flooding level on 30 Walk 2024 as DNO attempted to limit flooding openness, review harm and make therapeutic moves including introducing extra truck stacking offices.”

“Given deficiencies of heavier crudes in local business sectors, DNO haggled with its clients to push Tawke/Peshkabir costs to the mid-USD 30 for every barrel level. DNO portion of deals keep on being paid straightforwardly to the Organization ahead of loadings and have found the middle value of in abundance of USD 25 million every month in 2024.”

The organization likewise affirmed that “no DNO workers were harmed however a few significant bits of gear gauging tons were washed away and still can’t seem to be found. Despite significant harm in the town of Zakho, adjoining the Tawke field, the 2,000 year-old Roman-period curved span, a well known vacation destination, endure unblemished.”

“The Organization gave alleviation to the neighborhood local area by providing home machines, including coolers, to families most affected by the flooding.”

“Workovers and other field work at Tawke and Peshkabir have in practically no time continued, while the Organization’s Directorate has given the sign of approval for plan for new speculations to keep up with and afterward start to support creation,” as per the organization proclamation.

“Somewhere else in Kurdistan, DNO continued penetrating with the most recent well (B-3) at the worked Baeshiqa permit (DNO 64%) spud on 21 February 2024. The well has arrived at 1,850 meters or almost one-half of the objective profundity.”