DNO Tawke well test hits 1,500 bpd in Kurdistan Region of Iraq

oil well KRI-dani simmonds sxc.huDNO International has announced that that its deep Tawke-17 well tested 1,500 bpd from an Upper Jurassic reservoir in the Tawke oilfield in the Kurdistan Region of Iraq

The Tawke-17 well, the deepest drilled by the Norwegian company in the Tawke field, encountered several Triassic zones that proved either tight or water bearing. Two additional identified reservoir intervals in the Upper Jurassic remain to be perforated and tested, according to the company.

Meanwhile, the Tawke-20 well, DNO International’s first horizontal well in the oilfield, has flowed an average of 8,000 bpd from each of the first four of ten fractured corridors penetrated by the well. 

Bijan Mossavar-Rahmani, executive chairman at DNO International, said, “We are pleased that initial Tawke-17 results are in line with the company’s pre-drill estimates. This discovery in the Sargelu formation, over 200 metres below the main field Cretaceous reservoir, is likely to take recoverable reserves on the Tawke license to the one billion barrel mark.”

Drilling of another Tawke horizontal well is also on schedule, he added.

If the second well — Tawke-23 — demonstrated the significant flow the company saw in Tawke-20, then there is likely to be a surge in the current target of 200,000 bpd of production capacity by 2015.

DNO International holds a 55 per cent interest in and operates the Tawke license. Genel Energy holds 25 per cent and the Kurdistan Regional Government has the remaining 20 percent interest.

Tony Hayward, chief executive of Genel Energy, said, “This reinforces the extremely positive first half of 2013 that Genel has had with the drill bit, with the company having three new discoveries in the Kurdistan Region of Iraq in the space of three months. We look forward to working with DNO to determine the full extent of the new discovery.”

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

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