Gulf Oil and Gas accountACCOUNT

Spudding of Gulak-1 Exploration Well in Iraq

Source: www.gulfoilandgas.com 7/23/2012, Location: Middle East

Gulf Keystone notes announcement by MOL Hungarian Oil and Gas Plc., the operator regarding the spudding of the Gulak-1 exploration well on the Akri-Bijeel block in the Kurdistan Region of Iraq.

Gulak-1 is the fourth exploration well to be drilled on the Akri-Bijeel block and the first exploration well to target the Gulak anticline at the extreme eastern end of the block. The well is being drilled 21.4 km to the east from the Bijell-1 discovery well and 28.3 km to the east-southeast from the Bijell-3 (Aqra-1) appraisal well, which is also drilling ahead. Gulak-1 will target prospective intervals in the Jurassic and Triassic drilling to a planned total depth of approximately 3,658 metres in the Triassic Kurra Chine formation.

Gulf Keystone has a 20 per cent working interest in the Akri-Bijeel block, operated by Kalegran Ltd., a 100 per cent subsidiary of MOL Hungarian Oil and Gas Plc., which holds 80 per cent working interest in the block. The operator's P50 resource estimate for the Bijell discovery is 2.4 billion barrels of oil-in-place, while the ongoing 2012/13 exploration and appraisal programme is targeting existing and identified hydrocarbon prospects in the Akri-Bijeel block.

John Gerstenlauer, Gulf Keystone's Chief Operating Officer commented: "Gulak-1 is part of the operator's extensive exploration and appraisal programme on the massive Akri-Bijeel block and the fourteenth well to be drilled across Gulf Keystone's four blocks in the Kurdistan Region of Iraq. In addition to three wells currently drilling on the Akri-Bijeel block (Bijell-3, Bakrman-1 and Gulak-1), the programme also includes the drilling of three additional appraisal wells (Bijell-2, Qalati-1 and Qandagul-1)."

Drilling News in Iraq >>

Norway >>  7/9/2020 - Petroleum Safety Authority has given Aker BP consent to use the Maersk Invincible mobile drilling facility for drilling of a pilot hole on the Hod fie...
Norway >>  7/9/2020 - Reference is made to the stock notices on 17 June and on 3 July. The licence has decided to drill a side-track well to further evaluate the size of th...

Cuba >>  7/8/2020 - Melbana Energy Limited has received its first payment from Sonangol in the amount of EUR425,000, pursuant to the Farm-in Agreement executed last m...
Norway >>  7/8/2020 -  Equinor, operator of production licence PL 878, is in the process of concluding the drilling of wildcat well 30/2-5 S. The well was drilled about 17 ...

Norway >>  7/7/2020 - Equinor has awarded a letter of intent with Odfjell Drilling for the drilling and completion of Sverdrup Phase 2 with Deepsea Atlantic. The letter of ...
Pakistan >>  7/7/2020 - Jura Energy Corporation announced that the drilling of Umair NW - 01 exploratory well has commenced in the Guddu Block. The projected depth of the wel...

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.