Debottlenecking, new wells take Taqa Atrush to oil production record
Monthly production volume exceeded one million barrels of oil for the first time since the Iraqi unit's operations began in 2017
Abu Dhabi National Energy Company’s (Taqa) Iraq subsidiary, Taqa Atrush, produced one million barrels of oil at its site in the Kurdistan region for the first time since beginning operations in July 2017, with the Iraqi firm attributing its July 2019 milestone to new wells coming on stream and the impact of debottlenecking work over the past few months, which increased the capacity of volumes handled by the facility.
The Atrush block produces approximately 34,000 barrels of oil per day.
Commenting on the achievement, Taqa’s chief executive officer, Saeed Al Dhaheri, said: “This significant achievement is a direct result of our Iraq team’s technical expertise and strategic planning efforts.
“Our operations in Iraq have allowed us to strengthen our expertise as a leading developer of greenfield projects.
"We look forward to building on this achievement to continue to deliver energy to our strategic partners in the Kurdistan region, and to continue to forge strong relationships with local communities around the Atrush block.”
In its two years of production, the Atrush field has produced 17 million barrels of oil to date, Taqa said.