Oil Search Continues Drilling of the Taza 1 Well

Source: www.gulfoilandgas.com 10/4/2012, Location: Middle East

Oil Search reports that the Taza 1 well was at a depth of 2,858 metres and was drilling ahead in an 8-½” hole towards the next casing point. Once the casing point is reached, the forward plan is to set the 7” liner prior to drilling into the Primary target. During the week, 119 metres of 8-½” hole was drilled.

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

The participants in Taza 1 are:
- Oil Search (Iraq) Limited * (60%)
- Total E&P Kurdistan Region of Iraq (Taza) B.V (20%)
- Kurdistan Regional Government (KRG) (20%)

Oil Search’s funding interest is 75%, with the KRG carried by Oil Search and Total E&P Kurdistan Region of Iraq (Taza) B.V.


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Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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