RE:RE:Report summary from Wood Mackenzie ...
Khalakan Development Area
Report summary
"The Shewashan field is located on the Khalakan block in the
Kurdistan Region of Iraq, around 75 kilometres southeast of
Erbil. The licence is operated by Gas Plus Khalakan, a joint
venture between NewAge, Range Resources and Black Gold Khalakan."
"The light oil field (45°API) was discovered with the Shewashan-1
exploration well in Q4 2014 and the operator's field development
plan was approved in Q3 2015. Phase one will have a capacity of
10,000 b/d with an early processing facility and three development
wells. Production is expected to be brought onstream in 2016,
and ramp-up to 10,000 b/d in 2017."
"We assume that capacity will be expanded to 25,000 b/d by 2018."
From:
https://www.woodmac.com/reports/upstream-oil-and-gas-khalakan-development-area-32423079