Monday, October 01, 2007
Dragon roars as output hits 39,637 bpd
01 October 2007 - Upstream OnLine - Dragon Oil hit a production high of 39,637 barrels of oil per day last week, just short of its annual target of 40,000 bpd. The Turkmenistan-focused operator said it has brought development well A/122 on stream at an initial combined flow rate of 3563 bpd. The company added the CIS-1 platform-based drilling rig has spudded the Dzheitune (Lam) 22/124, while the Iran Khazar jack-up drilling rig has moved to spud a further development well, Dzheitune (Lam) A/123.