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TransAtlantic hails Mardin, Bedinan oil rates in Turkey

TransAtlantic Petroleum Ltd. has reported continued strong production rates from the stacked pay zones on the Molla licenses in southeastern Turkey.

In the horizontal Cretaceous Mardin program, the Goksu-3H averaged 319 b/d of oil in the 7 days ended Mar. 10 and has produced more than 54,000 bbl of oil since the well was completed in late October 2012.

The next well in the program, Goksu-4H, was spudded on Mar. 5. The company expects to keep a rig running on Mardin exploration and development prospects for several months.

The Bahar-1 well, which has been completed in the Bedinan and Hazro formations, averaged 285 b/d in the 7 days ended Mar. 10 and has recovered more than 30,000 bbl of oil since completion in early December 2012, including 2 weeks of downtime to test and complete the Hazro formation.

The first well in the horizontal Bedinan program, Bahar-2H, was spudded in January and is directionally drilling below 9,000 ft. Bahar-2H is expected to have a 3,000-4,000-ft horizontal section, and TransAtlantic anticipates completing the well with a multistage frac in the second quarter of 2013.

After drilling Bahar-2H, the company plans to drill a field extension well west of the Bahar-1 on the West Molla block.


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