London-listed Kurdistan-focused independent Gulf Keystone (GKP) says that output from its key Shaikan field has rebounded to 46,000 b/d from November’s 29,500 b/d following the completion of upgrade works at Shaikan’s Production Facility-1. Q3 output was 48,200 b/d.
GKP’s operations remain affected by the ongoing shut-in of the export pipeline to Turkey, with discounted domestic sales currently realizing just $27-28/B, GKP says in a 11 December statement. (CONTINUED - 173 WORDS)