Subscribe to our free daily newsletters
  Oil and Gas News from OilGasDaily.Com  




Subscribe to our free daily newsletters



OIL AND GAS
Kurdish oil export payments in line with average
by Daniel J. Graeber
Washington (UPI) Oct 11, 2017


Energy companies working inside Kurdish territory in northern Iraq reported payments received by the government for exports that appeared within historic norms.

Gulf Keystone Petroleum, which operates the Shaikan oil field in the Kurdish north, reported payments for crude oil exports for July at a gross $15 million. The sales total, of which $12 million is net to Gulf Keystone Petroleum, is consistent with the export payment received by the Kurdistan Regional Government in June.

Separately, Norwegian oil and gas company DNO, which operates the Tawke license area in Kurdish territory, reported Friday it received $46.53 million for exports from August. DNO also received another $4.27 million from the KRG, which represents its 3 percent of the Tawke license revenues.

DNO shares the export revenue with its operating partner, Genel Energy. Neither company offered an explicit volume designated for exports, though DNO's production estimates would put the total at more than 100,000 barrels of oil per day.

DNO said this week that third quarter production averaged 115,200 barrels of oil equivalent per day. Kurdish assets represented the clear majority of the company's portfolio, with output at 110,500 bpd during the quarter.

Iraqi forces in early October wrestled for control over oil fields in Kirkuk, a territory of dispute between the federal government and the semiautonomous KRG. Crude oil from northern Iraq flows primarily by truck and through a pipeline from Kurdish territory to a Turkish sea port. A second pipeline from Iraqi territory in the north could be used once it's rehabilitated, and British energy BP suggested it was in broader talks with efforts in Kirkuk.

Data supplied by commodity pricing group S&P Global Platts to UPI show total Kurdish exports at around 250,000 barrels per day from Oct. 17. That's less than half the total from before Iraqi forces seized control over the oil fields in Kirkuk, severing an economic lifeline for the Kurdish north.

A spokesperson for Genel said operations at the Tawke and the separate Taq Taq areas have continued uninterrupted.

OIL AND GAS
First coast-to-coast land motion map of Scotland derived from satellite radar images
Nottingham UK (SPX) Nov 08, 2017
The first country-wide map of relative land motion has been created by a team at the University of Nottingham. Using hundreds of satellite radar images the team, working with Geomatic Ventures Limited (GVL), an innovative University spin-out company, created a complete map of mainland Scotland. The map covers a two-year period from 2015 to 2017 and was created using Intermittent Small Base ... read more

Related Links
All About Oil and Gas News at OilGasDaily.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.

SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

OIL AND GAS
Study identifies additional hurdle to widespread planting of bioenergy crops

Penn researchers mimic giant clams to enhance the production of biofuel

Research aims to help renewable jet fuel take flight

Expanding Brazilian sugarcane could dent global CO2 emissions

OIL AND GAS
OMCO Solar expands to met demand for field-fast racking systems

Mechanochemistry paves the way to higher quality perovskite photovoltaics

US renewable energy booms despite Trump vow to quit Paris deal

Solar greenhouses generate electricity and grow healthy crops

OIL AND GAS
New York sets high bar for wind energy

Construction to begin on $160 million Industry Leading Hybrid Renewable Energy Project

A kite that might fly

Scotland outreach to Canada yields wind energy investment

OIL AND GAS
Bulgaria extends life of Soviet-era nuclear reactor

France backtracks on nuclear power reduction target

Nuclear energy programs may not increase likelihood of proliferation

Rutgers-led research could revolutionize nuclear waste reprocessing and save money

OIL AND GAS
2017 set to be hottest non-El Nino year: UN

Plea for 'urgent action' on climate shadowed by Trump

White House OKs report warning climate change caused by humans

UN climate talks resume with wary eyes on Trump

OIL AND GAS
Uber IPO 'target' is 2019: CEO

Ford, Chinese firm to invest $756 million on electric cars

S. Korea to fine BMW, Mercedes, Porsche over emission rule breaches

Uber joins forces with NASA to develop flying taxis

OIL AND GAS
Traditional carpet weaving in central Iraq unravels

Twin Iraq and Syria assaults as IS loses last city

Iraq to hold parliamentary election in May: PM

IS executed 741 civilians during Mosul battle: UN

OIL AND GAS
Trump aborts surprise visit to DMZ due to bad weather

Trump promises to 'figure it out' with S. Korea's Moon

US sends supersonic bombers over South Korea

Trump: 'No dictator' should underestimate US resolve




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News






The content herein, unless otherwise known to be public domain, are Copyright 1995-2017 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement