Space Travel News  
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
OIL AND GAS
Insight will carry over two million names to Mars

Opportunity Does a Wheelie and is Back on Solid Footing

Martian Ridge Brings Out Rover's Color Talents

Next Mars Rover Will Have 23 'Eyes'

OIL AND GAS
Low-cost clocks for landing on the Moon

Human presence in Lunar orbit one step closer with successful RS-25 engine test

NASA research suggests significant atmosphere in lunar past and possible source of water on Moon

Lunar lava tube could be used as a moon mission base

OIL AND GAS
Watching Jupiter's multiple pulsating X-ray Aurora

Help Nickname New Horizons' Next Flyby Target

Juno Aces 8th Science Pass of Jupiter, Names New Project Manager

Jupiter's X-ray auroras pulse independently

OIL AND GAS
18-Month Twinkle in a Forming Star Suggests a Very Young Planet

Overlooked Treasure: The First Evidence of Exoplanets

Atmospheric beacons guide NASA scientists in search for life

Scientists discover new type of deep-sea hunting called kleptopredation

OIL AND GAS
Russia embezzlement probe at rocket firm Soyuz

Alaska Aerospace Launches Aurora Launch Services Company

Launch your design with Cheops

NASA Selects Studies for Gateway Power and Propulsion Element

OIL AND GAS
China's reusable spacecraft to be launched in 2020

Space will see Communist loyalty: Chinese astronaut

China launches three satellites

Mars probe to carry 13 types of payload on 2020 mission

OIL AND GAS
Return of the Comet: 96P Spotted by ESA, NASA Satellites

Astronomers Complete First International Asteroid Tracking Exercise

Hubble Sees Nearby Asteroids Photobombing Distant Galaxies

Dinosaur-killing asteroid impact cooled Earth's climate more than previously thought









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - 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. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.