Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,260 meters. During the week, a liner running tool was lost downhole during the liner cementing operations. Fishing operations are currently underway to recover the tool prior to drilling ahead to the Euphrates Formation in a 4-1/8” hole.
The Taza prospect is located approximately 80 kilometers 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 
