Gazprom Neft has started drilling an exploration well at the Shakal block in Kurdistan (Iraq) and is soon to commence drilling on a second exploration well. The project will study two oil reservoirs in the Shakal block including flow testing. Well testing will be completed by late 2014 / early 2015, Gulf oil and gas has reported. Gazprom Neft is involved in three projects in Iraqi Kurdistan. In addition to its operations on the Shakal block, the company is conducting geological surveys of the Halabja block where it is planning 2D seismic surveys covering 1,000 linear kilometres in 2014, and drilling the block’s first exploration well in 2015-2016. Gazprom Neft is also involved in the development of the Garmian block where the deposit is currently undergoing further exploration and preparation for full scale development. The Kurdistan Regional Government (KRG) is currently considering the initial field development plan.
Tuesday, August 5- 2014 @ 9:12 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.