TransAtlantic to start Thrace basin gas sales

TransAtlantic Petroleum Ltd., Dallas, plans to begin gas sales through a 30-km gathering system into the Botas pipeline by early March from its Thrace basin Edirne license in northwestern Turkey.

By OGJ editors
HOUSTON, Feb. 17
-- TransAtlantic Petroleum Ltd., Dallas, plans to begin gas sales through a 30-km gathering system into the Botas pipeline by early March from its Thrace basin Edirne license in northwestern Turkey.

TransAtlantic resumed drilling at Edirne in January and has spud Yolboyu-1, third well in its five to seven-well campaign. Yolboyu-1 is a 6,500-ft exploratory well that targets deeper gas potential south of the existing 3D seismic survey.

The company logged and cased the first two wells, Kumluk-1 and Kartal-1, where logs indicate net pay. All wells will be completed in a batch.

On western Edirne, the company shot a further 81 sq km of 3D seismic and has begun interpretation.

TransAtlantic is operator with 55% interest in more than 119,000 gross acres.

More in Home