Yemen production
DNO's working interest (WI) production from Yemen in November 2011 was 4,388 bopd and the NE production was 2,467 bopd. DNO’s WI production 2011 YTD from Yemen was 5,040 bopd and the NE production was 3,004.
Production in Yemen is reported as follows:
|
(Bopd)
|
Nov'11
|
Okt'11
|
Q3 '11
|
YTD '11
|
|
Gross production
|
10,956
|
9,595
|
10,913
|
12,615
|
|
DNO’s WI
|
4,388
|
3,986
|
4,439
|
5,040
|
|
DNO’s NE
|
2,467
|
2,222
|
2,661
|
3,004
|
|
Achieved oil price USD/bbl
|
116
|
109
|
111
|
111
|
The production figures include crude oil consumed in the operation of the Company’s production facilities at an accumulated WI volume of 266 bopd and NE volume of 143 bopd in November 2011.
Kurdistan production
DNO's WI production from the Tawke Field in November 2011 was 26,646 bopd. DNO’s WI production 2011 YTD from Kurdistan was 34,720 bopd.
The production figures from Tawke are reported as follows:
|
(Bopd)
|
Nov'11
|
Oct'11
|
Q3 '11
|
YTD '11
|
|
Gross production
|
42,798 |
42,806
|
52,053
|
51,636
|
|
DNO's WI 1)
|
26,646 |
26,649
|
32,334
|
35,517
|
1) The Tawke WI production is estimated to vary between 62% and 64% as described in the 2010 Annual Statement of Reserves.
The gross production from the Tawke field during November was 42,798 bopd. The production level is expected to increase to around 60,000 bopd for December.
Drilling and well operations
Kurdistan Region of Iraq
Erbil PSC: Bastora-1A horizontal test producer
Test production from Bastora-1A is continuing at increasing rates from natural flow. A maximum gross fluid rate of around 1,000 barrels per day has been achieved, of which around 60% is oil and 40% is water. The data and observations from the test production from Bastora-1A serve as important input to the design and locations of future development wells, and the development plan for the Benenan and Bastora oil discoveries has now been submitted to the Kurdistan Regional Government.
Dohuk PSC: Summail-1 exploration well
As previously reported results from the testing operations undertaken in Summail-1 confirm the presence of heavy crude oil in the Jurassic interval and natural gas in the Cretaceous interval.
The gas bearing interval in the Cretaceous flowed at a maximum rate of 11 million scf/d (standard cubic feet per day).
Sustainable rates were not achieved during the tests of the oil bearing Jurassic intervals and the results were therefore not conclusive. DNO will evaluate alternative methods for re-testing these zones at a later stage.
The significance of the oil and gas discoveries in Summail-1 will now be evaluated by DNO and it’s partners, and a 3D seismic acquisition across the entire Summail structure is being considered as part of the 2012 work program. The well has now been suspended for possible re-entry and further testing at a later stage.
Tawke PSC: Peshkhabir-1 exploration well:
The objectives of the Pehkabir-1 exploration are to test the hydrocarbon potential in the Cretaceous, Jurassic and Triassic intervals. The well has now reached the 9 5/8 casing point at the top of the Cretaceous interval, just above the first target zone. Drilling will proceed once the casing has been installed.
Drilling of Tawke-16 is expected to commence shortly and the drilling rig is currently at location undergoing the final rig-up operations. The main objective for this well is to test additional resource potential within the northern flank of the Tawke field.
Yemen
The are currently no drilling operations in Yemen, but work overs in wells to replace down hole pumps in production wells are ongoing.
Oslo, 30 December 2011
DNO International ASA
Corporate Communications
DNO International ASA Corporate Communications