Middle East private oil and gas company Crescent Petroleum and its partner and affiliate Dana Gas PJSC, the region's first private-sector natural gas company, have, in their capacity as joint operator of the Kor Mor field, reported that total production in their major gas operations in the Kurdistan Region of Iraq has grown steadily to reach 70,000 barrels of oil equivalent per day, with total investment to date approaching US$1 billion.

The production includes 330 million cubic feet of gas per day and 15,000 barrels per day of condensate liquids, and there are plans for further expansion.

In total, over 249 billion cubic feet of gas and 11.7 million barrels of condensate liquids have been produced by the companies since the start of production in October 2008, with the gas supply to local power stations enabling 1,750 MW of new electricity supply.

Tags: Dana Gas