Petro Matad plans production startup at Heron-1

Petro Matad provided an update on the planned start of oil production in its Block XX Production Sharing Contract area in eastern Mongolia.

Site construction and equipment installation activities on the Heron-1 well pad have been completed. The beam pump, generator and storage tanks are now being commissioned and will be ready for production startup on or before 25 October 2024. Petro Matad’s in-field operations team is at site and all logistical preparations are being made to be ready to start the transportation of produced fluids to PetroChina’s facilities some 20 km to the north in Block XIX.