Located 60 km (37 miles) from the city of Erbil, Iraq, the Jisik-1 discovery well on the Harir Block was drilled to a depth of 4,511 m (14,800 ft) and encountered light oil and gas with condensates intervals in Jurassic and Triassic carbonate reservoirs, according to a press release. Jisik is the second discovery in the Block, following the Mirawa-1 discovery, announced by Total on Oct. 30, 2013.
The Jisik-1 well encountered light oil of 43˚API in a Jurassic carbonate reservoir. The well was tested with flow rates of 6,100 bbl/d of anhydrous oil without stimulation.
Two other formation tests, both with flow rates of about 283 Mcm/d to 425 Mcm/d (10 MMcf/d to 15 MMcf/d), confirmed the presence of gas reservoirs together with associated condensate in the Triassic.
Total has a 35% interest in the Harir Block, alongside Marathon Oil (45%, operator) and the Kurdistan Regional Government (20%).
Recommended Reading
Private Equity: Seeking ‘Scottie Pippen’ Plays, If Not Another Michael Jordan
2024-01-25 - The Permian’s Tier 1 acreage opportunities for startup E&Ps are dwindling. Investors are beginning to look elsewhere.
Some Payne, But Mostly Gain for H&P in Q4 2023
2024-01-31 - Helmerich & Payne’s revenue grew internationally and in North America but declined in the Gulf of Mexico compared to the previous quarter.
In Shooting for the Stars, Kosmos’ Production Soars
2024-02-28 - Kosmos Energy’s fourth quarter continued the operational success seen in its third quarter earnings 2023 report.
Canadian Natural Resources Boosting Production in Oil Sands
2024-03-04 - Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.
Uinta Basin: 50% More Oil for Twice the Proppant
2024-03-06 - The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.