ShaMaran reports that the Atrush block, Kurdistan Region of Iraq, has surpassed the cumulative oil production milestone of 45 million barrels since its first oil in July 2017.

In addition, a new development well, CK-17, has been drilled to TD with completion activities currently ongoing. The well is expected online within the next two weeks.

Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented 
“These recent operational achievements are noteworthy as the production milestone and development drilling have been achieved following 2020’s significantly reduced development program due to the global pandemic and collapse of world crude oil prices. This is clear evidence that Atrush operations in 2021 have begun to return to normal.”

Atrush Block

The Atrush Block is located in the Kurdistan Region of Iraq, approximately 85 kilometres northwest of Erbil, the capital of Kurdistan. 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. Atrush is continuously being appraised and further phases of development, including further drilling and possible facilities expansion, will be defined based on production data, appraisal information and economics.

KeyFacts Energy: ShaMaran Iraq country profile