Dana Gas, Crescent Raise Kurdistan Gas Output
Middle East-focused gas explorer Dana Gas has, with its partner Crescent Petroleum, increased production capacity at the Khor Mor field in the Kurdistan Region of Iraq by 30%, Dana gas said November 21. Dana Gas and Crescent operate the field on behalf of Pearl Petroleum.
The expansion at the gas processing plant will raise output from 305mn ft3/day to 400mn ft3/day. The plant, which began operating in 2008, supplies natural gas from the Khor Mor field by pipeline to power plants in the towns of Chemchemal and Erbil, and soon will also supply a new plant in Bazian, Dana Gas said.
The companies have, so far, invested over $1.4bn in the Kurdistan Gas Project. “Further investment is underway to expand production to 900mn ft3/d over the next three years, together with associated liquids,” Dana Gas said.
The Kurdistan Gas Project was established in 2007 with Dana Gas and Crescent Petroleum entering into agreement with the Kurdistan Regional Government (KRG) for exclusive rights to appraise, develop, produce, market, and sell petroleum from the Khor Mor and Chemchemal fields in the Kurdistan Region of Iraq. In 2009, Pearl Petroleum was formed as a consortium, with Dana Gas and Crescent Petroleum as shareholders; OMV, MOL, and RWE subsequently joined, each holding a 10% share.