President's current normalised production from its Puesto Guardian Concession is running at a daily rate of over 500 bpd with a new workover programme underway.
Drilling & production - 27 May 2016
Real Energy Corp. Ltd announced the completion of the five-stage fracture stimulation program of Tamarama – 1 well at depth below 2300 m.
Genel Energy plc has announced from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a payment of US$16 million from the Kurdistan Regional Government.
The company plans to offer strategic advisory expertise for decom operations so operators - or their financiers - can be confident that their projections are robust.
Det norske oljeselskap AS, operator of production licence 001 B, has concluded the drilling of appraisal wells 16/1-26 S and 16/1-26 A.