The Company made a major oil discovery on its Atrush Block and after a successful appraisal program, ShaMaran developed the field and put it into production in 2017 and is now the fourth largest producer in Kurdistan. Over 40 million barrels of oil has been produced to date.

The field was first discovered in 2011 and production started in 2017. In its first two and a half years of production, the Atrush field has produced over 20 million barrels of oil with increasing efficiency.

is a Canadian independent oil development and exploration company with a 27.6% direct interest in the Atrush Block | Adel Chaouch, CEO Home Company ShaMaran Petroleum has announced that the January 2021 interest payment due on its 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) has been timely made to all Bondholders.. In addition, ShaMaran said the Atrush field total cumulative crude oil production has exceeded 40 million barrels. The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil 2020-2-28 · Atrush Oil Intressanta händelser som berör ShaMaran petroleum´s verksamhet i Kurdistan mm. fredag 27 december 2013. Atrush river at Bavian Sennacherib (700 bc) built a dam on the Atrush river at Bavian and diverted its water … 2020-2-28 · The inflow was 2,616 bbl 32-35°API oil and 5.86 MMscfd (1,070 boepd) gas. Gas had around 40 % H 2 S and 40 % CO 2 content on 64/64”choke and WHP 272 psi.

Atrush oil

Provides more than 40% of Morocco’s energy ShaMaran Petroleum has reported that the Atrush oil field total production has exceeded 20,000,000 barrels. ShaMaran President and Chief Executive Officer Dr. Adel Chaouch said: "This cumulative production milestone demonstrates Atrush's upward path to higher production and has been attained ahead of target. 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 fractured carbonates.The TAQA-operated field was put on production in mid-2017 with an initial capacity of 30,000 b/d. The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil developments in the Kurdistan Region of Iraq. The field was first discovered in 2011 and production started in 2017. VANCOUVER, Jan. 31, 2020 /CNW/ - ShaMaran Petroleum Corp.

Oil plays an important role in the economy of some of the richest countries, and oil is big i Oil has been an essential commodity since the mid-19th century.

The Atrush Block is 269 square kilometres in area and has oil proven in Jurassic fractured carbonates in the Chiya Khere structure. Total discovered oil in place in the Atrush Block is a low estimate of 1.6 billion barrels, a best estimate of 2.0 billion barrels and a high estimate of 2.6 billion barrels.

Herein, this block is one of the biggest and challenging oil developments in the area. According to the Iraqi tectonic division, the study area (well Atrush-2) is located within the High Folded Zone . The Sargelu Formation was first recognized and described by 2020-5-28 The Atrush field, located 85 km northwest of Erbil, is one of the largest new oil developments in Kurdistan.

VANCOUVER, BRITISH COLUMBIA , April 17, 2018 (GLOBE NEWSWIRE) -- ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) reports th

"ATRUSH A SEA OF OIL" Videos round and about ShaMaran petroleum . ShaMaran Petroleum (TSXV:SNM), the Kurdish oil and gas company, trades at just 31 cents. "That's the one that'll get you 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 Company has a 27.6% ownership interest in Atrush Block, a high‐quality oil field in Kurdistan that has a large production base with significant growth potential. ShaMaran Petroleum has reported that the Atrush oil field total production has exceeded 20,000,000 barrels. ShaMaran President and Chief Executive Officer Dr. Adel Chaouch said: "This cumulative production milestone demonstrates Atrush's upward path to higher production and has been attained ahead of target.

The pipeline (pictured) from the oilfield, in Kurdistan's Duhok governorate, is reported to be nearing completion, with initial production expected to be about 30,000 bpd. Gross margin on oil sales was lower between Q2 2019 and Q2 2020 by $9 million due to the negative impacts of lower revenues of $20.9 million due to lower average realized oil prices and $2.0 million increase in lifting and depletion costs combined and were offset by $13.2 million increased revenues due to higher production and larger Atrush interest as well as a decrease by $0.7 million in SHAMARAN ANNOUNCES PAYMENT FOR ATRUSH OIL DELIVERIES Wed, Jun 20, 2018 23:30 CET. VANCOUVER, BC, June 20, 2018 /CNW/ - ShaMaran Petroleum Corp.
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0,35 inom Mellanöstern inom landsområdet som går under namnet Atrush. Transaktionen sker genom att Shamaran och operatören Taqa Atrush köper totalt 15 procent från Marathon Oil för 63 miljoner dollar. Formellt köper Shamaran SHAMARAN ATRUSH SEPTEMBER PAYMENT RECEIVED — Shamaran Petroleum Corp. Organisationsnummer. Namnändringar och Shamaran Petroleum redovisar ett nettoresultat på -2,4 miljoner dollar (-2,7) för Under oktober månad låg produktionstakten vid Atrush-fältet på 38.040 fat per Oljebolagen ShaMaran Petroleum och Africa Oil inbjuder härmed till SHAMARAN ANNOUNCES PAYMENT FOR ATRUSH OIL DELIVERIES.

Oil plays an important role in the economy of some of the richest countries, and oil is big i Oil has been an essential commodity since the mid-19th century. From kerosene lamps to today's gasoline cars and plastic products, it has found a wide variety of uses.
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Revenue from Atrush oil sales: relates to the Company's entitlement share of oil sales from Atrush. The increase in revenues between the first quarters of 2020 and 2019 were driven by higher average daily production (46.7Mbopd vs 26Mbopd) and a larger Atrush interest (27.6% vs 20.1%) and were offset by lower average net oil prices between the periods.

Abu Dhabi National Energy Company (TAQA) holds a 47.4% stake and is the operator of the Atrush onshore oil-producing block, which covers 269km². The Atrush Block is 269 square kilometres in area and has oil proven in Jurassic fractured carbonates in the Chiya Khere structure. Total discovered oil in place in the Atrush Block is a low estimate of 1.6 billion barrels, a best estimate of 2.0 billion barrels and a high estimate of 2.6 billion barrels. 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 fractured carbonates.The TAQA-operated field was put on production in mid-2017 with an initial capacity of 30,000 b/d. This initial phase produces medium-light oil. Atrush Block.

The Kurdistan Region of Iraq is one of the least developed proven petroleum basins in the world. 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 was first discovered in 2011 and production started in 2017.

The Atrush Block is 269 square kilometres in area and has oil proven in Jurassic fractured carbonates in the Chiya Khere structure. Total discovered oil in place in the Atrush Block is a low estimate of 1.6 billion barrels, a best estimate of 2.0 billion barrels and a high estimate of 2.6 billion barrels. 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 fractured carbonates.The TAQA-operated field was put on production in mid-2017 with an initial capacity of 30,000 b/d. This initial phase produces medium-light oil. Atrush Block.

ATRUSH.