Oil Search Provides Drilling Works in Taza 1 ST2 Well

Source: www.gulfoilandgas.com 2/14/2013, Location: Middle East

Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,260 meters and acquiring an intermediate logging programme prior to running an open-hole test. During the week, 14 meters of 6” 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.

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects


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