Oil Search Commenced Drilling of the Taza 1 Well

Source: www.gulfoilandgas.com 7/5/2012, Location: Middle East

Oil Search reports that the Taza 1 well, located in the Taza PSC in the Kurdistan Region of Iraq (KRI), commenced drilling on 3 July 2012. As at 06:00 hours KRI time on 5 July, the well was at a depth of 264 metres and drilling ahead in a 26” hole.

The Taza prospect is located approximately 80km southwest of the city of Sulaymaniyah. The primary objectives are Miocene and Oligocene carbonates of the Jeribe and Euphrates Formations.

The well’s planned depth is 3,250 metres and it is estimated to take approximately 100 days to drill.

The participants in Taza 1 are:
Oil Search (Iraq) Limited (60%)
ShaMaran Petroleum BV (20%)
Kurdistan Regional Government (KRG) (20%)

Oil Search’s funding interest is 75%, with the KRG carried by Oil Search and ShaMaran.


Argentina >>  11/12/2024 - GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator, and consolidator, is p...
Australia >>  11/12/2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) notes the release of Tamboran Resources Corporation 1Q FY25 results and provides an update on operations in...

Egypt >>  11/11/2024 - QatarEnergy has entered into an agreement with Chevron to acquire a 23% working interest in the concession agreement for the North El-Dabaa (H4) Block...
Trinidad and Tobago >>  11/5/2024 - Touchstone Exploration Inc. ("Touchstone", "we", "our" or the "Company") (TSX, LSE: TXP) announces that Primera Oil and Gas Limited ("POGL"), our whol...

Namibia >>  11/4/2024 -  · Tamboti-1X exploration well - 1bn bbl target1 - spudded 20th October 2024
· Additional 3D seismic acquisition programs in 20...

Colombia >>  10/31/2024 - Ecopetrol S.A. announces that the Santa Marta Tribunal (the "Tribunal") issued a favorable decision regarding an appeal against the claim (acción de t...

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  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.