Norwegian oil and gas operator DNO ASA said on Monday that it had put a fourth well into production at the Peshkabir oil field in Iraq’s northern region of Kurdistan, exceeding its 30,000-bpd target for oil production from the field. “At around 35,000 bopd, Peshkabir has now leapfrogged into second place after Tawke among the Kurdistan fields operated by the international oil companies,” Bijan Mossavar-Rahmani, DNO’s Executive Chairman, said in the company statement. “We are setting our sights on higher production and accelerating field development,” the manager added. The Norway-based oil and gas company has been drilling two other oil wells in the Peshkabir oil field and expects production testing at those two new wells to start next month. DNO has boosted its oil production at the Tawke license in Iraq’s northern Kurdistan region by two-thirds to 25,000 bpd, the company said earlier this month, after completing a well-testing […]