Taza-2 well reaches planned depth in Kurdistan Region of Iraq

oil-kri-cfiesler-flickrThe second appraisal well — Taza 3 — located approximately six kilometre south-east of Taza 1, is expected to spud in Q3 2014. (Image source: C Fiesler/Flickr)Oil Search Limited has announced that its Taza-2 oilwell in Kurdistan Region of Iraq has reached a total planned depth of 4,200 metres

The Australia-listed explorer had struck hydrocarbon in April this year and is currently acquiring wireline logs over the new section of hole. Preparations too are underway for a comprehensive testing programme, likely to comprise drill stem tests over up to five intervals.

Taza-2 oilwell is located 10km north-west of Taza-1 well and is designed to appraise the hydrocarbon-bearing intervals discovered by the latter, as well as explore deeper Tertiary and Cretaceous targets, including the Shiranish Formation.

Oil Search (Iraq) Limited has a 60 per cent interest in the block with Total E&P Kurdistan Region of Iraq and the Kurdistan Regional Government with 20 per cent interest each.

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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