Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Gulf Keystone Provides Kurdistan Operations Update

Source: www.gulfoilandgas.com 11/1/2010, Location: Middle East

Share |

Gulf Keystone announces the following update for the current exploration and testing activities in the Kurdistan region of Iraq:

Shaikan-3
The well is currently in the Cretaceous Garagu Formation at 1,229 metres, measured depth. Oil shows have been observed both while drilling and also in a core. The well bore is being conditioned prior to logging the well. Subsequently, the well will be drilled to TD and a 7-inch casing string will be run, finally, the pay interval will be tested.

Extended Well Test Facilities at Shaikan-1
A total of 10 truckloads of crude from the Shaikan-1 discovery well have now been sent to different refineries and oil processing plants in Kurdistan. The results of refined product yields from these product test runs continue to be analyzed, after which a domestic price will be set for the Shaikan, Sargelu crude oil.

Sheikh Adi-1
The well is currently drilling in the Cretaceous at 899 metres, measured depth. Oil shows have been encountered in a core taken in the top Cretaceous. In addition, oil shows have been seen in the surface returns whenever there have been full or even partial returns. Log evaluation also indicates high hydrocarbon saturations over a minimum gross interval of 50 metres in the first Cretaceous zone encountered. However, hole stability issues (swelling, unstable shales) preclude the possibility of a production test at this time, doing so would involve running an unplanned casing string thus jeopardizing our ability to reach the primary Jurassic and Triassic targets. Plans are to drill ahead to the primary targets and leave the Cretaceous intervals for later testing.

Bijeel-1
Kalegran, a 100% subsidiary of MOL, and the operator of the Akri-Bijeel block is continuing well test operations on the Bijeel-1 discovery well. Release of the Weatherford 842 drilling rig is scheduled for mid-November at which point the rig will move to the Shaikan-2 location and begin drilling the first deep appraisal well on the Shaikan structure.

Drilling Rig Tender
The GKP bid evaluation team is currently reviewing the eleven technical and commercial bid proposals that were received in response to the Company's tender. GKP expects to award a contract to the successful bidder during November. The selected rig will be used to drill the Shaikan-4 appraisal well.

Shaikan and Sheikh Adi 3D Seismic
Acquisition of approximately 525 square kilometers of 3D seismic data for the Shaikan block is 98% complete and data processing and evaluation have commenced. On Sheikh Adi, approximately 300 square kilometers of seismic data acquisition is 10% complete.

Commenting on announcement, John Gerstenlauer, Chief Operating Officer said, "We are very encouraged by the log results and oil shows seen thus far in the Sheikh Adi-1 exploration well. The well logs and oil shows in this well not only point towards significant potential in the Cretaceous but also serve to further de-risk the oil potential of at least the Jurassic age targets deeper in this well. In addition we have made significant progress in establishing a fair price for the Shaikan Sargelu crude oil in the Kurdistan market in preparation for routine domestic oil sales."

Exploration News in Iraq >>

Madagascar Plans Licensing Round in 2015
  Madagascar >>  10/17/2014 - Madagascar plans to issue licenses for three on-shore and up to 50 off-shore exploration blocks next year once parliament approves a new petroleum law...
Tanzania to Pick Winners of Oil, Gas Bids before Year-End
  Tanzania >>  10/17/2014 - Tanzania is in final stages of evaluating bids for oil and gas blocks it offered in its latest bidding round and plans to pick the winners before the ...

Tullow Oil Says in Talks to Extend Ethiopia Licence
  Ethiopia >>  10/15/2014 - Tullow Oil has started talks with the Ethiopian government to extend its exploration licence, even though only two of four wells it drilled in the pas...
Senegal to Award Two Offshore Oil Licences by Year End
  Senegal >>  10/15/2014 - Senegal will award exploration licences for two offshore oil blocks by the end of the year, the head of state-run hydrocarbons corporation Petrosen sa...

S.Africa's Zuma Outlines Ambitious Oil Exploration Plans
  South Africa >>  10/15/2014 - South African President Jacob Zuma outlined ambitious plans for oil and gas exploration in coastal waters that he said could contain as much as 9 bill...
First Offshore Drilling by End 2015 in Algeria
  Algeria >>  10/14/2014 - The first offshore drilling in Algeria is scheduled "by the end of 2015," declared in Oran the interim CEO of the national hydrocarbon group, Said Sah...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |

More News

Oil & Gas Projects in Iraq >>

Oil & Gas Companies in Iraq >>

Related Links

Countries Quick Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright Universal Solutions All rights reserved. Privacy Policy. - Contact Us