Oil Search Continue the Testing Operations

Source: www.gulfoilandgas.com 5/23/2013, Location: Middle East

Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,351 metres and undertaking a well test on the open hole section, which includes the Euphrates Formation.

The initial results of the test, which has included acid stimulation, indicate a significant improvement in flow rates to those seen in the previous test. Flow rates of up to 4,000 barrels of fluid per day have been achieved, with up to 1,100 barrels of oil per day.

The forward plan is to continue with this drill stem test to fully evaluate the potential of the reservoir.

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


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Related Categories: 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 

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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