Dana Gas hits seven-year production high at 70,000 boepd

Dana Gas has reached a sustained production level of 70,000 barrels of oil equivalent per day (boepd), marking its highest output in seven years as new volumes from the Kurdistan Region of Iraq (KRI) and Egypt come on stream.

The Middle East’s largest regional private-sector natural gas company said group production has been maintained at this level throughout January, representing an increase of more than 30 per cent compared with its average output of 53,500 boepd in 2025. The company said the higher production levels are expected to support revenues and profitability from the first quarter of 2026.

Khor Mor expansion boosts gas capacity

In the KRI, Dana Gas and its partners completed the Khor Mor 250 (KM250) gas expansion project in October, eight months ahead of the revised schedule. The project added 250 million standard cubic feet per day (MMscfd) of gas processing capacity, alongside additional LPG and condensate output, increasing total daily capacity to 750 MMscfd of gas.

Gas production at Khor Mor was ramped up in December from 500 MMscfd to more than 700 MMscfd, adding around 15,000 boepd to Dana Gas’s net production in the region.

Output is being increased in phases as infrastructure develops, with a new common-user gas pipeline scheduled for completion at the start of the third quarter of 2026. Once operational, the pipeline is expected to enable the addition of a further 5,000 boepd, taking group production beyond 75,000 boepd.

In Egypt, Dana Gas drilled four wells and completed workovers on three additional wells during 2025. These activities delivered an incremental production increase of 27 MMscfd by year-end, alongside an uplift in reserves. The company plans to drill seven further wells in Egypt during 2026, with the next well, Daffodil, expected to spud in January.

Commenting on the milestone, Richard Hall, chief executive of Dana Gas, said: “Reaching a sustained 70,000 boepd represents an important operational milestone for the company. This reflects disciplined execution across our portfolio, particularly the early delivery of the KM250 expansion in the KRI. It will also have a positive impact on our profitability starting with the first quarter financial results.”

He added that group output is expected to exceed 75,000 boepd once the new pipeline is completed in the second half of the year.