Iraq: OMV Kurdistan well encounters oil

By OGJ editors
HOUSTON, June 3
– OMV AG said good quality oil flowed to surface following a drawdown test at its Bina Bawi-3 exploratory well in Iraq’s Kurdistan Region. Drilling continued to deeper objectives.

OMV, operator of the Bina Bawi block with 36% interest, said the well encountered the hydrocarbons in one of the primary reservoir targets. It did not disclose the depth, age, or name of the formation.

OMV has direct stakes in five blocks in the Kurdistan Region. Besides Bina Bawi, it operates the Shorish and Mala Omar blocks with 100% interest. The company said it participated in three exploratory wells that were drilled and completed in 2010 and had two exploratory successes on the Sarta and Rovi blocks.

Pearl Petroleum Co. Ltd., in which OMV holds a 10% interest, ramped up gross production in Khor Mor field to 174 MMcfd of gas and 8,500 b/d of condensate in 2010. Through Khor Mor and Chemchemal gas fields, Pearl gives OMV access to significant gas reserves and contingent resources including condensate and liquefied petroleum gas.

Related Articles

Financial questions seen for US shale gas, tight-oil plays

03/25/2014 Financial problems of operators in US shale gas and tight oil plays might hold production growth below current expectations, according to the autho...

BOEM: Firms bid $850 million in high bids in central gulf lease sale

03/24/2014 The US Bureau of Ocean Energy Management reported that its central Gulf of Mexico Lease Sale 231 received 380 bids from 50 companies on 326 blocks,...

Statoil makes gas find on flank of Visund field in North Sea

03/24/2014 Statoil Petroleum AS has made a natural gas discovery on the northeast flank of Visund field in the northern part of the North Sea, the Norwegian P...

CNOOC makes natural gas discovery in Bohai Bay

03/24/2014 CNOOC Ltd. has made what it describes as a “mid-sized” natural gas discovery in the Bozhong 22-1 structure in the south-central region of Bohai Bay.

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected