Iraqi field discovery may contain "sea of ​​oil" in Kurdistan

[yota691]

Iraqi field discovery may contain "sea of ​​oil" in Kurdistan

History of edits :: 14.10.2013 11:34 • 35 times readable

{Baghdad: Euphrates News} Norwegian International company revealed that the new wells in its oil "Tauki field" in Iraq produces more than any of the other wells that have been drilled so far.
 

The company said {DVD. Said. Or International} Norwegian today that "new wells in its field of oil {Tauki 23} in the Kurdistan region of Iraq produces more than any of the other wells that have been drilled so far." and added that "the well horizontal {Tauki 23} produced about {32} alpha and {500} barrels of oil a day is superior to the well {Tauki 20} produced in the recent period {25} thousand barrels. said Bijan photographer Rahmani, Executive Chairman of DNO. said., or in a statement that "The results are exceptional {Tauki -20} and {Tauki -23} changed fundamentally our approach to the development of this field, and our expectations for performance." The total oil reserves installer to Tauki field, which is operated by DNO Norwegian now about {722.2} million barrels, where the share of the producing them {447.7} million barrels. was KRG President Barzani, announced during the opening of the Second Conference of the oil and gas, in Erbil, in the third of December, 2012, that the reserve which is owned by the region's oil amounts to about 45 billion barrels of crude oil and more of three trillion cubic meters of natural gas. announced the Ministry of Natural Resources in the Kurdistan Regional Government, early June 2012, for its efforts to increase crude oil production to one million barrels per day by 2015, stressing that there are plans to double production to two million barrels by 2019. m ended 

 

[jeepguy]

haahahaha  wow !   good morning yota buddy ,    man I am so waiting for the Kurdistan boys to come out and say ,, (   we are now breaking away from the old demigods of bagdaddy , we will  trade all of your bagdaddy dinars , in for our new Kurdistan  dinars ,  at a value 1 to 1 ,  we hold faith in our system and will attend our boarder lines with use of force if need be )     bagdaddy better hurry the health up and get their game on before the kurds do take this stand,   I think they are about worn out with maliki and the crap his bunch keep pushing in with ,  and it still looks like kurds are producing 3 times as much oil as all of Iraq ,,,  bet ol` dead maddas  is turning in his tomb ,  for pushing these guys right too the golden  ponds  

[sandfly]

HA JG I HOPE NOT

[haymon]

Ahhhhh   Black gold, Texas Tea,  Better move away from there...... 

Make your own country and put in a cement pond.

[skeetdog]

Up through the ground came a bubbblin' crude...don't think Calieforn-i-a is the place they ought to be but backin' the dinar would sure help me....

[EagleEye]

if they really make it happen I might move to Beverly....Hills that is !! 

[arewethereyet777]

Good morning!  Great news thanks yota!

[ronscarpa]

Thanks for the great article and good news YOTA (+)...!  Now there is even more reason for Barzani to run for the position of President of the Republic (as was mentioned in an article yesterday).  Protect the interests of Kurdistan from Baghdad pressure, just as jeepguy mentions...LOL   

[PrettyKitty]

We just need a RV. Please

[idplzr]

This should give the Kurds more bargaining power and also give Baghdad more incentive to come to a fair HCL agreement. Fingers crossed anyway.

Edited October 14, 2013 by idplzr

[jg1]

Too bad all that oil and money is not going to help the people. Its going strait to corruption. 

[k98nights]

DNO International remarked Iraq as – ‘Sea of Oil’

14 Oct 2013

 

 

At DNO International's Tawke oil field in Iraq, a new well in Iraq is producing more than any of the other wells that have so far been drilled, the Norwegian company said on Monday. The horizontal Tawke 23 well produced 32,500 barrels of oil per day, beating the 25,000 barrels recently produced at Tawke 20.

In a statement, DNO's Executive Chairman Bijan Mossavar-Rahmani said, "The exceptional results from Tawke-20 and Tawke-23 have fundamentally changed our approach to developing this field and also our expectations for its performance." He further added that comparing other wells by any measures, these are prolific wells tapping into what increasingly feels like a sea of oil.

Situated in Iraq's Kurdish region, the Tawke field is operated by DNO, which has a 55 percent stake, while Genel Energy holds 25 percent and the Kurdistan Regional Government the remaining 20 percent interest.

Updated 14 Oct 2013 | Soruce: Rig Zone | By S.Seal

 

http://www.iraqdirectory.com/en/2013/10/14/25289/dno-international-remarked-iraq-as-sea-of-oil.aspx

 

[unirod]

This should help us understand why Sadaam was so hard on the Kurds. It's all about the oil $$$$