SULAIMANI (ESTA) — Dana Gas said on Wednesday gas production from the Kurdistan Region’s Khor Mor field reached record 452 million cubic feet per day (MMscf/d) in 2021.
In a statement, UAE-listed Dana Gas along with Crescent Petroleum said the production milestone was the culmination of numerous process improvements at the Khor Mor gas plant.
It further said the process improvements had grown the production by 50% from 305 MMscf/d in 2018.
“The successful process improvements will be reinformed by the KM250 expansion project at the plant which is currently under implementation, and will increase total capacity by an additional 55% to 700 MMscf/d by April 2023,” it added.
The KM250 Gas Expansion Project is supported by a $250 million financing agreement for 7 years with the U.S. International Development Finance Corporation (DFC) announced in Sept. 2021, according to Dana Gas.
“After completion of the KM250 project, the partners also plan a further KM500 train that would raise production to almost 1 billion cubic feet per day to meet rising demand for cleaner burning natural gas and electricity generation in the Kurdistan Region and all of Iraq,” it stated.
Dana Gas said as part of the expansion works, the company was also preparing to drill up to five development wells, scheduled to commence production in March 2022.
“Our major expansion plans at the Khor Mor and Chemchemal fields to target 1 billion cubic feet per day in the coming few years will enable improved services across the region for years to come,” said Majid Jafar, CEO of Crescent Petroleum and Board Managing Director of Dana Gas.