Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Genel Spuds Kurdistan Well

change text size

Genel Energy announced Monday that it spud its Chia Surkh 10 exploration well Sunday in the Kurdistan region of Iraq.

The Chia Surkh 10 well is the first to be drilled on the Chia Surkh exploration block, which covers an area of approximately 380 square miles in the southern part of Kurdistan. It 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 and is anticipated to be drilled to a total depth of approximately 8,200 feet with results expected in the first quarter of 2013.

Genel is the operator of Chia Surkh with a 60-percent interest.

Later this week, Genel is expected to update on production guidance and plans to develop its Miran block (also in Kurdistan), along with details of its exploration program in new licenses in Malta, Morocco, Cote d'Ivoire and Somaliland, according to oil sector analysts at London-based Oriel Securities.

 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Pertamina to Deploy New Rig to Drill a... (Sep 19)
 -  Pingvin Well Finds Gas in Barents Sea (Sep 19)
 -  GE Oil & Gas Wins Subsea Manifold Deal... (Sep 18)
 -  Statoil to Lay up COSL Pioneer Rig for... (Sep 18)
 -  Burton on the Wolds Operation to Start... (Sep 18)
Most Popular Articles
From the Career Center
Jobs that may interest you
Assistant Subsea Engineer
Expertise: Driller, Subsea Engineer
Location: Indonesia
 
Directional Driller
Expertise: Directional Driller
Location: Midland, MI
 
E&I Technicians
Expertise: Electronics Tech, FPSO/FPU , Rig Instrument Tech
Location: Nigeria
 
search for more jobs