Genel Energy Announces Results from Taq Taq Field Testing
Drilling Activity Details
Drilling Activity Summary
Description
Genel Energy tested well #34-TT in Iraq’s Taq Taq Field in the Kurdistan region. According to the company, it produced from all zones tested at a maximum combined flowrate of about 3.9 Mbbl of oil per day during testing on a 28/64-in. choke. With the inclusion of test production, gross production from Taq Taq Field is currently about 13.65 Mbbl per day. Individual zone testing is now underway, which will determine the long-term production strategy. It expects the well to be placed on production at an initial flowrate of 1.5-2 Mbbl per day. The London-based company now plans to move the rig to drill #35-TT, which is also on the northern flank of the field. Genel and Sinopec jointly operate the field and its license area with 44% and 36% interest respectively, with the Kurdistan Regional Government holding the remaining 20%.
Genel Energy tested well #34-TT in Iraq’s Taq Taq Field in the Kurdistan region. According to the company, it produced from all zones tested at a maximum combined flowrate of about 3.9 Mbbl of oil per day during testing on a 28/64-in. choke. With the inclusion of test production, gross production from Taq Taq Field is currently about 13.65 Mbbl per day. Individual zone testing is now underway, which will determine the long-term production strategy. It expects the well to be placed on production at an initial flowrate of 1.5-2 Mbbl per day. The London-based company now plans to move the rig to drill #35-TT, which is also on the northern flank of the field. Genel and Sinopec jointly operate the field and its license area with 44% and 36% interest respectively, with the Kurdistan Regional Government holding the remaining 20%.