Gulf Keystone estimates Hamrin oilfield in Iraq to have 0.5-1 bln barrels of recoverable oil
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Gulf Keystone estimates Hamrin oilfield in Iraq to have 0.5-1 bln barrels of recoverable oil By Stephanie Kelly
LONDON, Oct 21 (Reuters) - Gulf Keystone Petroleum GKP.L CEO Jon Harris said on Wednesday the company estimates the Hamrin oilfield in Iraq to have 7 billion barrels of oil in place, of which 0.5 billion to 1 billion barrels is recoverable.
Hamrin currently produces 20,000 bpd of oil with a target to increase output to 60,000 bpd by end-2028, Harris told Reuters.
(Reporting by Stephanie Kelly; Editing by Emelia Sithole-Matarise)
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