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The Chia Surkh 10 well is the first exploration well to be drilled on the Chia Surkh exploration block which covers an area of 984 sq kms in the southern part of the Kurdistan Region of Iraq and has prospective resources estimated at more than 300 million barrels of oil equivalent. The well is designed to test the Lower Miocene to Palaeocene section. It is anticipated that the well will be drilled to a total depth of approx. 2,500 metres and results are expected in the first quarter of 2013.
Genel Energy is the operator and has a 60% operated interest.
According to information on the Genel Energy web site: The Chia Surkh licence is an exploration licence covering an area located in the southernmost region of the Kurdistan Region, adjacent to the Iranian border. It is 70 km from Sulaimaniyah and 120 km from Kirkuk. The contract area extends over an area of 984 sq km. Between 1901 and 1954, nine wells were drilled within the block over the Chia Surkh structure surface exposure. The wells Chia Surkh-1 to 6 were drilled to various depths in the Lower Fars formation. Chia Surkh-7 tested oil in Miocene Jeribe. Chia Surkh-9, which was drilled to a total depth of 3926.5 metres, penetrated and tested gas in the Upper Cretaceous Shiranish Formation. In 2010, 307 km 2D seismic data was acquired which identified and confirmed several structures. Chia Surkh was confirmed as being faulted anticline. Other leads which have been identified within the block are Chia Surkh SW, Bardasur and Qalami. Plans have been made to commence the drilling of a well targeting Tertiary Jeribe over the Chia Surkh structure in the fourth quarter of 2011.
McDaniel has estimated that, as at 30 June 2011, the Chia Surkh block had unrisked mean prospective resources (property gross) of 305.7 mmboe (working interest resources of 61.1 mmboe).
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Genel Energy is the operator and has a 60% operated interest.
According to information on the Genel Energy web site: The Chia Surkh licence is an exploration licence covering an area located in the southernmost region of the Kurdistan Region, adjacent to the Iranian border. It is 70 km from Sulaimaniyah and 120 km from Kirkuk. The contract area extends over an area of 984 sq km. Between 1901 and 1954, nine wells were drilled within the block over the Chia Surkh structure surface exposure. The wells Chia Surkh-1 to 6 were drilled to various depths in the Lower Fars formation. Chia Surkh-7 tested oil in Miocene Jeribe. Chia Surkh-9, which was drilled to a total depth of 3926.5 metres, penetrated and tested gas in the Upper Cretaceous Shiranish Formation. In 2010, 307 km 2D seismic data was acquired which identified and confirmed several structures. Chia Surkh was confirmed as being faulted anticline. Other leads which have been identified within the block are Chia Surkh SW, Bardasur and Qalami. Plans have been made to commence the drilling of a well targeting Tertiary Jeribe over the Chia Surkh structure in the fourth quarter of 2011.
McDaniel has estimated that, as at 30 June 2011, the Chia Surkh block had unrisked mean prospective resources (property gross) of 305.7 mmboe (working interest resources of 61.1 mmboe).
[You must be registered and logged in to see this link.]
