viewGenel Energy PLC

Genel Energy's Tawke field to produce 120,000 barrels per day into 2020

Cumulative production from Tawke recently reached 300 mln barrels. 

Genel Energy PLC -
The Peshkabir-to-Tawke gas project is on schedule for the first quarter of 2020

Genel Energy PLC (LON:GENL) has been notified that production on the Tawke licence will average around 120,000 barrels per day at the end of 2019 and to stay at that level into 2020.

DNO is the operator of Tawke (in the Kurdistan Region of Iraq) while Genel has a 25% stake.

Production averaged 119,800bopd in the three months to September with output affected by a workover of the P-2 well and side-track of the P-3 well at the Peshkabir field.

Cumulative production from Tawke recently reached 300 mln barrels.  

DNO added that the Peshkabir-to-Tawke gas project is on schedule for the first quarter of 2020, which will effectively eliminate gas flaring while enhancing recoverability.

Quick facts: Genel Energy PLC

Price: 121 GBX

Market: LSE
Market Cap: £335.98 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Genel Energy PLC named herein, including the promotion by the Company of Genel Energy PLC in any Content on the Site, the Company receives from...


Investor Update: Union Jack's West Newton potential confirmed

Headlines from the Proactive UK newsroom. Union Jack Oil (LON:UJO) has been informed by the operator that the Kirkham Abbey reservoir in the West Newton project area contains a base case 146mln barrels of oil and up to 283mln barrels in a best case. The liquid element is much higher than...

on 11/11/19

2 min read