Oil production on the Atrush Block commenced in July 2017. Atrush is currently producing at approximately 26 thousand barrels of oil per day (“bopd”). In order to address certain production constraints the facilities were shut down in the beginning of October. These constraints have now successfully been resolved. --

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The Atrush block is a crude oil development with ten producing wells, an on-block central processing facility and a temporary early production facility located at one of the drilling pads. Crude oil production from the block is transported to the boundary where the export crude enters the Kurdistan Export Pipeline network and is sold to the Kurdistan Regional Government.

These constraints have now successfully been resolved. GEP was awarded a PSC for the Atrush Block in Kurdistan on 10th November 2007, and ShaMaran subsequently acquired 33.5% of GEP in August 2010. There is currently only limited data to estimate volumes of prospective resources in Atrush. However in order to indicate possible value of the block outflows of $25.2 million on Atrush Block development activities, $2.9 million of cash out on G&A and other cash expenses and $5.1 million of negative cash adjustments from changes in working capital items which were offset by $16.2 million of net proceeds on the issue of Super Senior Bonds.

Atrush block

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The Atrush oil field is located within the Kurdistan region of Iraq, 85 kilometres northwest of the capital Erbil. It contains medium-light and heavy oil in Jurassic  We operate the Atrush Block, which covers 269 square kilometers and is located 85 km northwest of Erbil, the capital of the Kurdistan Region of Iraq. The field  ShaMaran Petroleum Corporation - TAQA - Kurdistan Regional Government - Atrush Block. The clients are planning to develop Atrush block, located 85  22 Oct 2019 has reached 45000 b/d, reported Vancouver, BC-based ShaMaran Petroleum Corp., holder of a 27.6% working interest in Atrush block. 2 days ago In particular, the February 2021 Atrush sales and its wholly-owned subsidiary General Exploration Partners, Inc., in the Atrush Block.

It was discovered by the Consortium of General Exploration Partners. As of March 12, 2013 the Kurdistan Regional Government (KRG) has exercised its option to acquire a 25% Government Interest of the Atrush Field according to the PSC contract.

The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil developments in the Kurdistan Region. It was discovered in 2011 and began development in 2013 in cooperation with the Kurdistan Regional Government (KRG), ShaMaran and Marathon Oil.

ShaMaran is a Kurdistan focused oil development and exploration company which holds a 27.6% interest, through its wholly-owned subsidiary General Exploration Partners, Inc., in the Atrush Block. ShaMaran is a Canadian oil and gas company listed on the TSX Venture Exchange and the Nasdaq First North Growth Market (Sweden) under the symbol "SNM". The Atrush Block is operated by TAQA and is held 39.9% by TAQA, 20.1% by GEP, 15% by MOKDV, (a wholly owned subsidiary of Marathon Oil Corporation (NYSE: MRO)), and 25% by the Kurdistan Regional Government of Iraq. VANCOUVER, BRITISH COLUMBIA, May 09, 2018 (GLOBE NEWSWIRE) -- ShaMaran Petroleum Corp.

The Atrush Block is operated by the Abu Dhabi National Energy Company PJSC ("TAQA") and is held 39.9% by TAQA, 25% by the Kurdistan Regional Government (“KRG”), 20.1% by ShaMaran Petroleum Corp, through its wholly owned subsidiary General Exploration Partners, Inc. (“GEP”) and 15% by Marathon Oil KDV B.V., (a wholly owned subsidiary of Marathon Oil Corporation (NYSE: MRO)).

Atrush block

Atrush is currently producing at approximately 26 thousand barrels of oil per day (“bopd”). In order to address certain production constraints the facilities were shut down in the beginning of October. These constraints have now successfully been resolved. -- Oil production on the Atrush Block commenced on July 3, 2017. Atrush is currently producing between 15 and 20 thousand barrels of oil per day. Atrush production is on track to ramp up in 2017 to the facilities’ design capacity of 30,000 barrels of oil equivalent per day.

TAQA said oil started flowing through the Atrush central processing facility on Monday. The facility will have a production capacity of 30,000 barrels per day of oil. Nadia Riva July 3 2017 12:41 Kurdistan KRG Oil 2019-08-22 2017-05-13 The Atrush Gross 2P reserves estimate is 108.5 MMbbls at December 31, 2019, up from 106.0 MMbbls at the end of 2018 which, taking into account 2019 production of 11.8 MMbbls, represents a 2P reserves increase of 13% and a 2P Reserves replacement ratio of Atrush production of 121%. VANCOUVER, June 4, 2018 /CNW/ - ShaMaran Petroleum Corp.
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2 days ago In particular, the February 2021 Atrush sales and its wholly-owned subsidiary General Exploration Partners, Inc., in the Atrush Block.
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Resources (gross) for the Atrush Block, from 465.6 MMBOE at December 31, 2011 to 627.3 MMBOE at the end of 2012. The estimates were provided by an independent qualified resources evaluator, McDaniel & Associates Consultants Ltd., in a Detailed Property Report prepared as at December 31, 2012. By John Lee. The Abu Dhabi National Energy Company PJSC (TAQA) has confirmed that production from the Atrush Block in the Kurdistan Region of Iraq is expected to ramp up towards the 30,000-barrel-per-day project capacity (gross) in 2017. Oil production at Atrush started in July.


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The TAQA-operated Atrush block is being developed in conjunction with the Kurdistan regional government, ShaMaran and Marathon Oil. The Atrush field, located 85 km northwest of Erbil, is one of the largest new oil developments in Kurdistan. It was discovered in 2011 and development started in 2013. Abu Dhabi National Energy Co. PJSC (TAQA) Atrush BV subsidiary brought oil production on stream at its Atrush block in Iraq’s Kurdistan region on July 3 through the Atrush central processing Define Atrush Block Agreements.