Genel Energy PLC (LSE:GENL, FRA:4VL, OTC:GEGYF) updated investors on operations at Tawke PSC, in Kurdistan, where combined production from the Tawke and Peshkabir oil fields averaged 110,300 barrels of oil per day in the second quarter.
Operator DNO maintained its gross production guidance of 110,000 bopd for the licence over the whole of 2021.
In the second quarter, the Peshkabir field contributed 63,000 bopd and Tawke yielded 47,300 bopd.
Five new wells are due to be added at Peshkabir in 2021 along with workovers and interventions.
Genel said that no new wells were added at the Tawke field in over a year and its natural decline was partially offset by pressure support with 20mln cubic feet of gas reinjected per day.
The company is due to release its interim results on Tuesday, August 3.