Genel Energy have released a production report on oil output at the Taq Taq field it operates in the Kurdistan Region of Iraq.
The company has announced that testing of the TT-20z well has been completed with the well now in production at an initial flow rate of 2,000 barrels per day (bpd), a figure Genel expect to increase.
The output achieved from TT-20z brings total production at Taq Taq to 15,500 bpd. The company is planning further production increases in line with its $100 million investment into the development of Taq Taq and Tawke fields in the region.
Source: Genel Energy