LONDON (Reuters) - British oil giant Genel Energy said on Wednesday it was too early to set a specific figure on new oil discoveries and estimate the potential of oil reserves after finding new oil in the Kurdish region of northern Iraq.
"Genel Energie, which owns 44 percent in the oil field of Taq Taq in Kurdish territory, and the Norwegian oil company DNO," the British newspaper PoI reported in a report.
The company said in a statement that "the results of the evaluation in the well TT-29 w at the northern edge of Taq Taq field has started with a temporary initial production of 3,200 barrels per day of oil," adding that "the company optimistic about the prospects of success of the North well, The well on the reserves and the rate of long-term production or future investment production. "
Despite the halt of exports of the Kurdistan region, but there are no indications of a halt in production in northern Iraq, while a spokesman for the company Jinl that "operations in the area of Taq Taq and areas of licensing continues without interruption."
The company said that "the total production of the area of Taq Taq licensed was about 13351 barrels per day in October, compared with 13,700 barrels per day in November, which is now up to 15,100 barrels per day."
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"Genel Energie, which owns 44 percent in the oil field of Taq Taq in Kurdish territory, and the Norwegian oil company DNO," the British newspaper PoI reported in a report.
The company said in a statement that "the results of the evaluation in the well TT-29 w at the northern edge of Taq Taq field has started with a temporary initial production of 3,200 barrels per day of oil," adding that "the company optimistic about the prospects of success of the North well, The well on the reserves and the rate of long-term production or future investment production. "
Despite the halt of exports of the Kurdistan region, but there are no indications of a halt in production in northern Iraq, while a spokesman for the company Jinl that "operations in the area of Taq Taq and areas of licensing continues without interruption."
The company said that "the total production of the area of Taq Taq licensed was about 13351 barrels per day in October, compared with 13,700 barrels per day in November, which is now up to 15,100 barrels per day."
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