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

Significant Oil Discovery in Kurdistan Region

Source: www.gulfoilandgas.com 4/17/2012, Location: Middle East

Share |

Afren plc announces that the high impact Simrit-2 exploration well, located on the Ain Sifni PSC in the Kurdistan region of Iraq, has discovered a significant oil accumulation based on the results of drilling, wire line logs and sidewall core sampling.

The objective of the Simrit-2 exploration well is to test the western extent of the Simrit anticline. The well has reached the prognosed total measured depth of 3,700 m (3,697 m true vertical depth). Preliminary analysis of data collected during and following drilling indicates that the well has encountered an estimated 409 m of net oil pay in Cretaceous, Jurassic and Triassic age reservoirs (an estimated 312 m of this pay is interpreted as containing light oil). No oil water contact has been established in the target reservoirs. As there are continuing strong hydrocarbon shows to the current depth of 3700 m, Afren and operator Hunt Oil Middle East plan to run casing at the current depth and continue drilling to a new total depth of circa 3,800 m to test additional zones of prospectivity.

Once drilling operations have concluded a comprehensive well testing programme will be undertaken across multiple reservoir intervals, after which the drilling rig will be mobilized to the East Simrit prospect to drill the Simrit-3 exploration well. Afren has a 20 per cent. Interest in the Ain Sifni PSC and is partnered by Hunt Oil Middle East (60 per cent. and operator) and the Kurdistan Regional Government (20 per cent.).

Osman Shahenshah, Chief Executive of Afren, commented: “The successful result of the Simrit-2 exploration well represents a second major exploration success for Afren in 2012, following on from the Okoro East discovery offshore south east Nigeria. The scale of the oil column that has been intersected suggests that the Simrit structure and surrounding prospects elsewhere on the Ain Sifni PSC have the potential to be transformational for Afren”.

Exploration News in Iraq >>

Africa Oil Operations and Development Update
  Kenya >>  7/29/2015 - Africa Oil Corp is pleased to provide the following update on its operations in Kenya. ...
Statoil Finds More oil from Gullfaks
  Norway >>  7/29/2015 - Production from the Gullfaks South (GSO) fast-track project for improved oil recovery in the North Sea started on 27 July. GSO will increase the outpu...

Ecopetrol Finds Important Discovery in Colombia
  Colombia >>  7/28/2015 - Ecopetrol S.A informs that at a depth of 3720 meters, the Kronos-1 well verified the presence of hydrocarbons in ultra-deepwater of Colombian south Ca...
Pura Vida's MZ-1 Well Fails to Encounter Hydrocarbons
  Morocco >>  7/28/2015 - Pura Vida Energy NL advises that the MZ-1 exploration well has reached a depth of 4,653 metres within the Lower Cretaceous and that wireline logs have...

Oil & Gas UK Comments on 2Q of 28th Offshore Licence Round
  United Kingdom >>  7/27/2015 - Following the news from the Oil and Gas Authority (OGA) that that 41 new offshore oil and gas exploration licences were awarded today (Monday 27 Jul...
Global Petroleum Provides Acquisition Update & Corporate Cost Reduction
  Namibia >>  7/24/2015 - Global Petroleum Limited announces an update in relation to the Company's assets, its acquisition strategy, and a programme to reduce corporate costs ...



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