Looking for a specific product?

Make a search for products & suppliers, articles & news.

DNO International Hits Record Production Offshore Oman

DNO International ASA ("DNO International"), the Norwegian oil and gas company, announced today that production from Block 8 offshore the Sultanate of Oman has climbed to a record daily rate of 20,000 barrels of oil and condensate and 60 million cubic feet of gas following completion of a two-well drilling program in the West Bukha field.

 

These rates represent a near tripling of oil and condensate production and a near doubling of gas production from the block. The wells have reached the limits of the existing onshore processing facilities and have been choked back.

Block 8, containing Oman's only offshore producing fields, is one of seven Middle East North Africa licenses acquired by DNO International through the merger with RAK Petroleum PCL earlier this year. Two other acquired blocks are located in adjacent waters offshore the Emirate of Ras Al Khaimah.

"With the success of these wells we are taking a fresh look at the West Bukha and Bukha fields and our other offshore assets and believe there is further potential to grow production and reserves in this area," said Bijan Mossavar-Rahmani, DNO International's Executive Chairman.

The Noble Roy Rhodes rig will now be moved to commence drilling an appraisal well in the Bukha gas-condensate field.

DNO International holds a 50 percent interest in and operates Block 8 containing the West Bukha and Bukha fields and their respective platforms. Korea's LG International holds the remaining 50 percent interest.

--- DNO International ASA is an Oslo-listed, Middle East and North Africa focused, oil and gas company holding stakes in 17 licenses in various stages of exploration, development and production both onshore and offshore in the Kurdistan Region of Iraq, the Republic of Yemen, the Sultanate of Oman, the United Arab Emirates and the Tunisian Republic. http://www.dno.no ---

Oslo, 21 November 2012

DNO International ASA
Corporate Communications

Queries: Tom Bratlie (tom.bratlie@dno.no or tel: +47 905 21 904

Associated companies:


Related news

Latest news

IAEA Mission says Research Reactor Operator in Norway is Committed to Safety

A team of eight reactor experts from the International Atomic Energy Agency (IAEA) has for one week undergone the safety of the JEEP II research reactor at Kjeller. The expert group concludes that IFE strongly emphasizes s...

New Research Center for Environment-friendly Energy

The new FME center is dedicated to development of materials, components and technology for use of batteries and hydrogen in zero emission transport systems. It will be a special focus on the maritime sector.

The Netherlands re-join the Halden Reactor Project

The Netherlands signed the Halden Agreement on December 1st and will formally become the 20th member country in the Halden Reactor Project (HRP) after the formal acceptance from the Halden Board during their Paris meeting ...

First phase of DNV GL led offshore cable and pipeline operations equipment joint industry project completed

The data analysed during phase 1 has identified and recorded various processes...

The end of the paper chase: DNV GL to roll out electronic certificates across entire fleet

Certificates are published on DNV GL’s customer portal immediately after an onboard survey is completed,

New Integrated Solution Set to Redefine DP Reference Systems

DPS i2 and DPS i4 utilise KONGSBERG's unique motion gyro compass (MGCTM) and motion reference unit (MRUTM) technology.

Servogear service hub in Asia

September 2017, Servogear announce the strengthening of our presence in Asia with the establishment of a service hub in Singapore.

New Machining Center In Fredrikstad

Jotne opened a brand new machining hall in Fredrikstad on the 20th of May.

Construction and Testing of 4 Caterpillar C280 Gensets Finalized

Jotne has together with thier client Pon Power finalized construction and testing of 4 Caterpillar C280 gensets in Jotne’s factory in Fredrikstad.