Junior partner Genel Energy announced this week the startup of the Sarta oil field in Iraqi Kurdistan, the first new field to come online in the semi-autonomous region since Taqa’s Atrush in 2017.
First oil from the Sarta-3 well is flowing to the 20,000 b/d early production facility, and Genel says Sarta-2 will begin producing in January with “stable production” to be reached during Q1 next year. Chevron operates the field with a 50% interest alongside London-listed Genel (30%) and the KRG (20%). (CONTINUED - 323 WORDS)
