Genel has released an update on production from its Tawke field (Genel 25%). This has previously been reported as having been achieving Q4 2023 levels of double those achieved in Q3 (Q3 levels were 26.0mbbl/d gross), with a significant boost from the Peshkabir field having been brought back onstream in mid-October. Average December Tawke production rates are now reported as approaching 90mbbl/d gross to date, with 65.0mbbl/d gross average currently expected for Q4 as a whole. Volumes continue to ....

19 Dec 2023
Genel Energy (GENL LN) - Tawke production update

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Genel Energy (GENL LN) - Tawke production update
Genel Energy PLC (GENL:LON) | 51.6 0.1 0.4% | Mkt Cap: 144.3m
- Published:
19 Dec 2023 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Genel has released an update on production from its Tawke field (Genel 25%). This has previously been reported as having been achieving Q4 2023 levels of double those achieved in Q3 (Q3 levels were 26.0mbbl/d gross), with a significant boost from the Peshkabir field having been brought back onstream in mid-October. Average December Tawke production rates are now reported as approaching 90mbbl/d gross to date, with 65.0mbbl/d gross average currently expected for Q4 as a whole. Volumes continue to ....