Gulf Oil and Gas accountACCOUNT

Gulfsands Petroleum Updates Operations in Syria

Source: 1/31/2007, Location: Middle East

Share |
Gulfsands Petroleum plc announce has executed a formal contract for a drilling rig to be used for drilling the next exploration well on Block 26, Syria in February 2007.

Rig Contract Executed -- Khurbet East Exploration Well
Gulfsands, the operator and 50% working interest owner in Block 26, Syria, has executed a formal contract with Crosco, a drilling company based in Croatia, for the Crosco 602 rig, a 2,000 horsepower drilling rig to be used for drilling one exploration well scheduled to commence by mid February of this year. The Crosco 602 rig will be utilized to drill the Khurbet East exploration prospect ("KHE 1") and has now been mobilized to the drill site.

KHE 1 is a fault-bound structural culmination, with closure mapped at multiple potential reservoir levels. These include reservoirs of Cretaceous, Triassic and Palaeozoic age. The well is located approximately 12 kilometers southwest of the Souedieh Oil Field and 12 kilometers south of the Rumailan Oil Field, in the northeastern portion of Block 26. The total drilling depth of the KHE 1 well is expected to be approximately 3,700 meters and require approximately 90 -- 100 days to drill and evaluate.

Tigris-1 Update
The Tigris-1 exploration well is currently drilling ahead at a depth of 4,391 metres to a planned total depth as previously announced of approximately 4,500 metres.

Following the drilling of the KHE 1 well the Company is planning to drill its fourth commitment well on Block 26 once the rig currently drilling the Tigris-1 well is returned to Gulfsands around July 2007.

Rig Equipment >>

Rig Equipment News in Syria >>

United Arab Emirates >>  2/18/2018 - On behalf of the Abu Dhabi Government, the Abu Dhabi National Oil Company (ADNOC) signed an agreement with Cepsa, a Spanish integrated oil and gas com...
Oman >>  2/15/2018 - Saipem has been awarded a new contract in the onshore E&C sector worth approximately USD 750 million. Work involves engineering, procurement, construc...

Kuwait >>  2/13/2018 - EQUATE Group, a global producer of petrochemicals, proudly announces that 34 Kuwaiti operations technologists have joined the company’s growing team o...
Saudi Arabia >>  2/12/2018 - Wood has secured a new multi-million dollar, five-year contract to support Saudi Aramco in the delivery of one of its mega-projects in the Kingdom of ...

United Arab Emirates >>  2/7/2018 - A US $3.1 billion project to introduce crude processing flexibility, at the Abu Dhabi National Oil Company (ADNOC) owned Ruwais oil refinery, was anno...
United Arab Emirates >>  1/31/2018 - His Excellency Dr Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, has held a series of meetings with government and corporate leaders in B...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Syria Oil & Gas 1 >>  2 | 3 |

Oil & Gas Projects in Syria >>

More News


Oil & Gas Companies in Syria >>

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.