ShaMaran Announces 45MMBbls Milestone Achieved

Source: www.gulfoilandgas.com 6/4/2021, Location: Middle East

ShaMaran has announced that the Atrush block, Kurdistan Region of Iraq, has surpassed the cumulative oil production milestone of 45 million barrels since its first oil in July 2017.

In addition, a new development well, CK-17, has been drilled to TD with completion activities currently ongoing. The well is expected online within the next two weeks.

Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented “These recent operational achievements are noteworthy as the production milestone and development drilling have been achieved following 2020’s significantly reduced development program due to the global pandemic and collapse of world crude oil prices. This is clear evidence that Atrush operations in 2021 have begun to return to normal.”


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