Afghanistan: Dragon groups to explore two blocks
Groups led by Dragon Oil PLC and Turkey’s state Turkiye Petrolleri AO plan to explore two blocks in northwestern Afghanistan.
Formal signing of exploration and production-sharing contracts that govern the Sanduqli and Mazar-i-Sharif blocks from the Afghan-Tajik Phase 1 oil and gas tender occurred on Oct. 8.
Participating interests of Dragon Oil, TPAO, and the Ghazanfar Group in the two blocks are 40%, 40%, and 20%, respectively.
Dragon Oil will operate Sanduqli and TPAO is operator of Mazar-i-Sharif. Sanduqli covers 2,583 sq km bordering Turkmenistan and Uzbekistan, and Mazar-i-Sharif has 2,715 sq km adjoining Uzbekistan.
Work commitments in the initial 4-year exploration period include seismic acquisition and interpretation and drilling of two exploratory wells on each block.