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
Products and vendors Services and providers Jobs

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 >>

Kuwait Energy Finds Discovery at East Ras Qattara
Egypt >>  12/17/2014 - Kuwait Energy an independent oil and gas company with assets across the MENA region, and their main partner, the Egyptian General Petroleum Corporatio...
Lekoil Provides Otakikpo Marginal Field Project Update
  Nigeria >>  12/16/2014 - Lekoil provides an update on its progress on the Otakikpo Marginal Field in oil mining lease (OML) 11, offshore Nigeria, adjacent to shoreline in the ...

Roxi Petroleum Provides an Operational Update
  Kazakhstan >>  12/15/2014 - The BNG Contract Area is located in the west of Kazakhstan 40 kilometers southeast of Tengiz on the edge of the Mangistau Oblast, covering an area of ...
Extension Request for Exploration Licence Blocks 3105/3106/3107
  Madagascar >>  12/15/2014 - Madagascar Oil announces that, following discussions held at the Executive Committee meeting regarding Blocks 3105, 3106 and 3107 on 9 December 2014, ...

Aksay Oil and Gas Field Put on Stream
  Iran >>  12/12/2014 - KazMunaiGas Exploration Production JSC (“KMG EP” or “Company”) announces that JV Kazgermunai’s Aksay oil and gas field located in Kyzylorda region has...
Tower Provides Update on Badada-1 Well Site Preparation
  Kenya >>  12/12/2014 - Tower Resources plc (Tower), the AIM-listed Africa-focussed oil and gas exploration company, notes the announcement dated 11 December 2014 from the Op...



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 | 17 |

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 B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed