Gas discovery draws attention to Thrace basin, Turkey

A gas and condensate discovery west of Istanbul in the Thrace basin of European Turkey is believed capable of rates far higher than the stabilized 12.4 MMcfd tested through small tubing, said the operator, Amity Oil NL, Perth.Amity, in 50-50 partnership with Turkish Petroleum AO on PEL AR/AOI/3589, said more zones remain to be tested. It began a 6-day continuous test through a separator to gather condensate and reserves data.The company said reserves would be 70 bcf recoverable if the tested zone blankets the Gocerler structure and would be substantially higher if the untested units prove productive.Amity planned to spud Velimese-1 in mid-November on a structure similar to Gocerler.Amity ...

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