Production from an oil field in the Kurdish north of Iraq moved beyond its original target rate with the tapping of another well, Norway’s DNO said Monday. The company said it put a fourth well in service at the Peshkabir field in the Kurdish north. Its rate of production is around 8,000 barrels of oil per day, meaning the entire field is now past DNO’s target rate of 30,000 bpd. “At around 35,000 bopd, Peshkabir has now leapfrogged into second place after Tawke among the Kurdistan fields operated by the international oil companies,” Executive Chairman Bijan Mossavar-Rahmani said in a statement . “We are setting our sights on higher production and accelerating field development.” According to Genel […]