Gulf Oil and Gas accountACCOUNT

Heritage Oil Provides an Activity Update in Kurdistan

Source: www.gulfoilandgas.com 4/18/2011, Location: Middle East

Heritage Oil Plc, an independent upstream exploration and production company, provides an update on the work programme and development options for the Miran Block in the Kurdistan Region of Iraq (Kurdistan).

Drilling Programme
Heritage has signed a rig contract with DaQing International to supply the DQ037 2000HP rig to commence a multi-well exploration and appraisal drilling campaign on the Miran Block. The first well in this continuous drilling campaign will be the Miran West-3 well, which is an approximate 4 kilometre step out appraisal of the major Jurassic gas discovery made by the Miran West-2 well.

The Miran West-3 well, which is scheduled to spud in July, will take an estimated 160 days to drill and test and is targeting the flanks of the Jurassic structure, with the benefit of the current 3D seismic survey. The well will appraise the Upper and Lower Cretaceous reservoirs whilst drilling to its primary Jurassic objective, with an estimated total depth of approximately 3,800 metres. The well bore will be angled to increase the frequency of fracture penetration and orientated in the optimal direction for the interception of open fractures. It is planned to undertake a comprehensive testing programme targeting numerous potential reservoir horizons.

On completion of this well the rig will move to drill the Miran West-4 appraisal well. A second rig is being sourced to drill the Miran East-1 exploration well in the fourth quarter of this year, at which point Heritage will have two rigs operating in country.

Seismic Acquisition
Heritage is currently acquiring 730 square kilometers of 3D seismic across the Miran Block to help define further appraisal drilling locations and fully exploit fracture networks. This is believed to be the largest ever-3D seismic programme undertaken to date, in Kurdistan. The data will be analyzed in separate tranches to expedite understanding of the structures and the first batch of 3D seismic data, covering 180 square kilometers, is currently being processed.

In addition, 180 kilometers of new 2D seismic data will be acquired within the Block in the summer of 2011 to define other potential prospects.

Gas Magnetization
Discussions with the KRG over the fast-tracked phased development of the Miran Field have continued. The KRG has outlined their favored development options for gas utilization and the initial priority will be to satisfy local gas demand by supplying produced gas on commercial terms to local power stations and other end-users in the Sulymaniyah region in 2013. Early production of the gas will also result in early associated condensate and oil production. This will then be followed by the export of gas to Turkey/Europe and full production of the oil and condensate zones enabling full development of the field.

Tony Buckingham, CEO, commented:Ē The signing of the multi-well rig contact and expansion of the seismic programmes demonstrates our commitment to exploring and developing the Miran Field. The initial discussions with the KRG have been very constructive and could lead to the fast-tracked development of the field, which has the potential to benefit our shareholders significantly, and contribute to the further development of the region as well as generate revenue to be shared by all peoples of Iraq.Ē

Drilling News in Iraq >>

New Zealand >>  8/20/2019 - DOF has been awarded two AHTS contracts to support drilling operations in New Zealand. Skandi Emerald and Skandi Atlantic, built in 2011 and 2012 resp...
Norway >>  8/20/2019 - Equinor and partners OMV and Petoro have made an oil discovery in the Sputnik exploration well in the Barents Sea. Recoverable resources are prelimina...

United States >>  8/20/2019 - RigNet (RNET), the leading provider of ultra-secure, intelligent networking solutions, announced that Ocyan, one of Brazilís largest providers of solu...
Indonesia >>  8/19/2019 - Empyrean Energy has provided an operational update in relation to the upcoming drilling campaign in the Duyung PSC in the West Natuna basin, offshore ...

Norway >>  8/12/2019 - Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 20...
Senegal >>  8/12/2019 - Woodside Energy (Senegal) BV awarded Halliburton Company (HAL) nine conditional contracts for drilling and completion services for SNE Field Developme...

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 


Iraq Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 |

Oil & Gas Projects in Iraq >>

More News

Related Links

AE BH IL IQ JO KW LB OM QA SA SY YE
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.