ShaMaran Commenced the Drilling on Atrush Block

Source: www.gulfoilandgas.com 10/5/2010, Location: Middle East

ShaMaran Petroleum Corp. is pleased to announce the start of drilling operations at the Atrush-1 exploration well in the Atrush Block, Kurdistan. The well is being operated by General Exploration Partners ("GEP"), a company jointly owned by ShaMaran (33.5%) and Aspect Energy (66.5%).

The Atrush-1 exploration well was spudded on October 5, 2010. The well, which is being drilled by the Viking International 10 rig has a planned total depth of 3,100 meters and is expected to take approximately 120 days to drill. The well is targeting the same reservoir sections as the adjacent major new Shaikan oil discovery announced by Gulf Keystone Petroleum Ltd. Of the ten expected target reservoirs in Atrush-1, nine were confirmed to be oil-bearing in Shaikan, while the Lower Kurra Chine encountered high-pressure gas.

In August, the Company announced that it had entered into a Subscription Agreement and a Shareholders Agreement with Aspect Energy International, LLC ("Aspect") whereby ShaMaran Ventures BV, a wholly owned subsidiary of the Company had acquired a 33.5% stake in General Exploration Partners Inc ("GEP"), a wholly owned subsidiary of Aspect. GEP currently owns 80% of the rights and obligations of the Contractor in the PSC and the Contract Area and the Atrush-1 represents the exploration well obligation of the First Exploration Period. The obligation for the acquisition of 2D seismic was completed with 143 line kilometers acquired in 2008.

Pradeep Kabra, President and CEO of ShaMaran, commented," This well on the Atrush prospect (which appears to be similar to the adjacent Shaikan discovery announced by Gulf Keystone earlier this year) is the start of an exciting new phase for ShaMaran in Kurdistan."

The Company has completed the seismic program on the Arbat Block in eastern Kurdistan, having already acquired seismic earlier this year on its Pulkhana and K42 blocks.


Norway >>  8/12/2022 - Aker BP ASA, operator of production licence 941, has concluded the drilling of wildcat well 6507/3-15.

The well was drilled about 14 km nor...

Norway >>  8/9/2022 - The Petroleum Safety Authority Norway has given Equinor consent for exploration drilling in block 6507/8 in the Norwegian Sea.

Operator: E...


Guyana >>  8/5/2022 - The drilling of the Beebei-Potaro exploratory well, located in the Kanuku licence, off the coast of Guyana, has been finished, according to Tullow Oil...
Australia >>  8/4/2022 - - 21 stages were stimulated, which is the greatest number of stimulation stages in a single well in the Beetaloo to date
- Delivered 927m of st...


Romania >>  8/4/2022 - Serinus Energy plc ("Serinus") (SEN), is pleased to announce that the drilling of the Canar-1 exploration well in Romania commenced.

...

Norway >>  8/3/2022 - The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for well 6507/8-11 S in production licence PL 124.

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.