Oil Search Provides Updates on Taza PSC

Source: www.gulfoilandgas.com 4/24/2014, Location: Middle East

Oil Search reports that, the Taza 2 well was at a depth of 3,255 metres and preparing to drill ahead in an 8-1/2” hole. During the week, the well penetrated the Jeribe Formation, encountering hydrocarbon shows in line with prognosis, and an 18 metre core was cut in the carbonate reservoir. Good recovery of the core was achieved and a comprehensive analysis programme is planned.

Taza 2 is located 10 kilometres north-west of Taza 1 and will appraise the hydrocarbon-bearing intervals discovered by Taza 1 (Dhiban/Jeribe and Euphrates/Kirkuk Formations), as well as explore deeper Tertiary and Cretaceous targets including the Shiranish Formation.

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


Turkey >>  9/23/2022 - South Akcakoca-2 is at 850 metres measured depth as it is utilizing the existing borehole from Akcakoca-4 to mill a sidetrack window at 850 meters, fr...
United Kingdom >>  9/23/2022 - Reabold, the AIM quoted investing company, which focuses on investments in upstream oil and gas projects, notes that Rathlin Energy (UK) Limited ("Rat...

Norway >>  9/22/2022 - The Norwegian Petroleum Directorate (NPD) has granted Vår Energi AS drilling permit for 7122/8-1 S and 7122/9-1, cf. Section 13 of the Resource Manage...
United Kingdom >>  9/22/2022 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK and Canada, is pleased to announce the spud of the Serenity app...

Australia >>  9/21/2022 - Santos notes today’s decision by Justice Bromberg of the Federal Court to set aside the acceptance by the National Offshore Petroleum Safety and Envir...
Norway >>  9/21/2022 - The Petroleum Safety Authority Norway has given Vår Energi consent for exploration drilling in block 7122/9 in the Barents Sea.

Operator: ...


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 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.