Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,260 metres and preparing to drill ahead. During the week, the stuck liner running tool was successfully removed, giving full access to the 5” liner. The forward plan is to drill ahead in a 41/8” hole to evaluate the Euphrates Formation.
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 
