(MENAFN) Norwegian oil and gas company DNO has announced a two-thirds increase in production at an oil field it operates in the Kurdistan Region.
"The pickup in Peshkabir production puts new meaning to the fast in fast track in development of this field by the DNO team," said Executive Chairman Bijan Mossavar-Rahmani in a statement released on Tuesday."
"And we expect Peshkabir to continue to surprise."
"The next well in the 2018 field development campaign.. is currently undergoing final testing," continued Tuesday's statement. "DNO will bring this well onstream in August and expects to reach and surpass its previously announced summer 2018 Peshkabir production target of 30,000 [bpd].
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