BBN Report
SHARJAH/November 25-2020: Dana Gas, the Middle East’s largest regional private sector natural gas company, said its production from Pearl Petroleum’s Khor Mor Gas Plant in the Kurdistan Region of Iraq (KRI) reached a record level of 418 million standard cubic feet per day (MMscf/d) on November 18, 2020.
Dana Gas, which owns a 35per cent stake in Pearl Petroleum, registered a 6 per cent year on year increase in production during the third quarter of 2020 to 32,400 barrels of oil equivalent per day (boepd), driven by the completion of a new plant bypass project in August.
Dr Patrick Allman-Ward (seen in the picture), CEO of Dana Gas, said the Pearl Petroleum’s achievement at Khor Mor is the result of the company’s continued efforts to maximise plant production.
Plant bypass helped
“This important achievement, delivered under difficult conditions due to the global pandemic, was the result of the installation of the plant bypass in August combined with an increase in gas demand due to seasonal weather conditions,” Allman-Ward said.
He said it is also testament to the tireless efforts of the staff at the plant to optimise plant efficiencies and reliability.
“We are also very pleased to announce that after a delay in the implementation of the first 250 MMscf/d gas processing train following border closures and travel restrictions resulting from COVID-19, we anticipate recommencing civil engineering works on the location in the next few weeks,” he added.
Khor Mor expansion
All the parties working on the Khor Mor project are fully committed to executing the expansion project as quickly and as safely as possible.
Dana Gas expects first gas from the project’s first gas processing train in Q1 2023, and the company is also examining ways to reduce the run-up time further. Once implemented, the project is expected to add between $175 million and $200 million annually to Dana Gas’s revenues.
