Gulf Oil and Gas accountACCOUNT

Gulf Keystone Spudded Shaikan-4 Deep Appraisal Well

Source: www.gulfoilandgas.com 5/27/2011, Location: Middle East

Gulf Keystone is pleased to announce that the Shaikan-4 Deep Appraisal Well has spudded on the Shaikan block in the Kurdistan Region of Iraq.

Shaikan-4 is the second deep appraisal well to be drilled on the Company's significant oil discovery with gross oil-in-place volumes of between 4.9 billion barrels to 10.8 billion barrels calculated on the P90 to P10 basis with a mean value of 7.5 billion barrels.

Shaikan-4 is being drilled 6 kilometers to the north-west of the Shaikan-1 discovery well and is targeted to drill to the top of the Permian to reach the planned total depth (TD) of approximately 3,760 meters.

Gulf Keystone is the Operator of the Shaikan block with a working interest of 75 percent and is partnered with Kalegran Ltd. (a 100 percent subsidiary of MOL Hungarian Oil and Gas Plc.) and Texas Keystone Inc, which have working interests of 20 percent and 5 percent respectively.

John Gerstenlauer, Gulf Keystone's Chief Operating Officer commented: "The spudding of our second deep appraisal well on the Shaikan structure is yet another important achievement in the Company's ambitious 2011-2012 exploration and appraisal programme in the Kurdistan Region of Iraq. With the Shaikan-2 & 4 appraisal wells currently underway and the Shaikan-5 appraisal well planned to spud later in 2011, the Company is firmly focused on further proving the world class quality of the Shaikan discovery."

Drilling News in Iraq >>

Mexico >>  6/2/2020 - SIMMONS EDECO, a leading supplier of onshore drilling and workover services to the global oil and gas industry, announced that it has successfully com...
Trinidad and Tobago >>  5/28/2020 - Columbus, the oil and gas producer and explorer with operations in Trinidad and Suriname, is pleased to announce that it has submitted to the Ministry...

United States >>  5/28/2020 - Halliburton introduced the DynaTrac Real-Time Wireless Depth Correlation System, a new technology that reduces uncertainty and saves rig-time by enabl...
Norway >>  5/27/2020 - The Norwegian Petroleum Directorate has granted OMV Norge AS a drilling permit for well 6506/11-12 S, cf. Section 15 of the Resource Management Regula...

United Kingdom >>  5/27/2020 - Hurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, provides an updat...
Iran >>  5/26/2020 - The director of integrated planning of the National Iranian Drilling Company announced the drilling and completion of 23 oil and gas wells in the firs...

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 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.