Gas Plus Spuds Fourth Production Well at Khalakan Field

Source: www.gulfoilandgas.com 11/10/2016, Location: Middle East

Gas Plus Khalakan (“GPK”) ”), the sole contractor of the Khalakan PSC in the Kurdistan Region of Iraq, has announced the spud of the fourth production well, Shewashan-4. The well is designed to test new mapping which places further reserves up dip in the Shewashan Cretaceous reservoir, as well as testing the deeper Jurassic potential.

The deviated Shewashan-3 well, which spud on 28 July 2016, continues to progress towards TD and is currently drilling in the Cretaceous reservoir. Well completion for production is expected to occur before the end of the year, with tie-in to the field’s new production facilities.

The Shewashan field continues to sell oil produced from Shewashan-2, which in 2016 has averaged 3,600 bopd. The discovery well Shewashan-1, which was completed as a producer, is undergoing production logging and is expected to be brought back on stream once a water producing zone is isolated. Oil continues to be supplied to the local Bazian refinery with payments received through to the end of June.

GPK has also completed some seismic reprocessing and remapping of the Shewashan field which indicates further attic oil potential.

GPK has retained DeGolyer & McNaughton to conduct a revised audit of Shewashan’s reserves and resources. The reserve report will update the 2015 DeGolyer & McNaughton reserve report and is expected to be published prior to year-end.

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


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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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