Dana, Crescent produce record gas in Kurdistan
UAE’s Dana Gas and its partner Crescent Petroleum produced record natural gas in the Kurdistan Region of Iraq (KRI) last year, Dana said on January 12.
The output was 452mn ft3/day at the end of 2021, up 50% from 305mn ft3/d in 2018. “The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including a bypass project completed in 2020 as well as a debottlenecking programme earlier in 2018,” the company said.
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Dana and Crescent jointly operate the Khor Mor and Chemchemal gas fields on behalf of the Pearl Petroleum consortium.
“The successful process improvements will be reinforced by the KM250 expansion project at the plant which is currently under implementation, and will increase total capacity by an additional 55% to 700mn ft3/d by April 2023,” Dana added.
The KM250 project is supported by a $250mn financing agreement for seven years with the US International Development Finance Corporation (DFC) which was announced in September 2021.
Major works for the $630mn KM250 expansion project resumed in April last year after a delay of one year due to the COVID pandemic. The project is now on track for the new target start date of April 2023, Dana said. As part of the expansion works, the company is also preparing to drill up to five development wells, which are scheduled to commence production in March 2022.
After completion of the KM250 project, the partners also plan a further KM500 train that would raise production to almost 1bn ft3/d.