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Dana Gas says gas production reached 418 MMscf/d at Khor Mor gas field

An undated photo of the Khor Mor gas fields in Chamchamal district east of Sulaimani, Kurdistan Region Iraq. (Photo:Oilandgasmiddleeast)
2020-11-25

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SULAIMANI — UAE-based Dana Gas company said on Wednesday (November 25) that it had increased its production of sales gas from Pearl Petroleum’s Khor Mor Gas Plant in Chamchamal district east of Sulaimani. 

The conglomerate said in a statement that its production at the gas plant has reached at 418 million standard cubic feet daily (MMscf/d) on November 19.

Dana Gas owns a 35% stake in the consortium Pearl Petroleum’s shares registered a 6% year on year increase in production during the third quarter of 2020 to 32,400 boepd, driven by the completion of a new plant bypass project in August, according to the statement.

“We are very pleased that Pearl Petroleum has achieved this important milestone at Khor Mor, which is the result of our continued efforts to maximize plant production,” Dana Gas Chief Executive Office (CEO) Dr Patrick Allman-Ward said.

Khor Mor gas field is regarded as the largest regional private sector upstream gas operation in Iraq with a current production rate of 106,000 barrels of oil equivalent per day (boepd).

It also said that it is working on an expansion project to increase gas production by 250 MMscf/d by the first quarter of 2023, adding that “the project is expected to add between $175 million and $200 million annually to Dana Gas’s revenues.”

In 2007, Dana Gas made an agreement with the KRG for the appraisal and development of the Khor Mor and Chemchemal gas fields; two major gas fields in the Region. Under the terms of the agreement, Crescent Petroleum and Dana Gas were given exclusive rights to appraise, develop, process, market and sell petroleum from the substantial Khor Mor and Chemchemal blocks, and as a first phase to provide natural gas supplies to fuel two major domestic electric power generation plants being built in Erbil and Chamchamal, as well as for local industries and export.

 (NRT Digital Media)