ShaMaran announces cumulative oil production milestone of 45 mmbbl at Atrush

Atrush bloak storyShaMaran Petroleum has announced that the Atrush block, in the 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 CEO 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.”

In February 2021, ShaMaran reported that the Atrush field achieved a cumulative production milestone of 40 MMbbls on 4 January 2021 despite a significantly reduced 2020 development programme due to the global pandemic and the collapse of crude oil prices. Of that volume over 16.5 MMbbls were produced during 2020 which included over 1.3 MMbbls of heavy oil.

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