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MEOG PROJECTS & COMPANIES MEOG
Turkey resumes East
Med exploration
TURKEY TURKISH President Recep Tayyip Erdogan said issued a statement saying that the Oruc Reis ves-
on August 7 that Turkey has restarted energy sel would carry out a seismic survey in the area.
exploration work in the eastern Mediterranean. The navy said the vessel would be operating in
He claimed Greece had not kept to pledges the area from August 10-23.
regarding such activities in the region. Writing on Twitter, Turkey’s Energy Minis-
NATO members Turkey and Greece remain ter Fatih Donmez said that the Oruc Reis had
deadlocked over overlapping claims for hydro- reached the location of operation.
carbon resources. France has lately moved to Erdogan made the comments when asked
lobby the European Union to impose sanctions about an accord signed by Egypt and Greece
on Ankara for what Greece, Cyprus and Paris last week that designated an exclusive eco-
claim is illicit drilling. nomic zone between the two nations in the east
“We have started drilling work again,” Erdo- Mediterranean. Diplomats in Greece said their
gan told reporters after participating in Friday agreement nullified an accord reached last year
prayers at the Hagia Sophia mosque, Reuters between Turkey and the internationally recog-
reported. “We don’t feel obliged to talk with those nised government of Libya.
who do not have rights in maritime jurisdiction However, Erdogan said the Egypt-Greece
zones.” accord was of no value and that Turkey would
Turkey’s Barbaros Hayreddin Pasa, a seismic sustain its agreement with Libya “decisively”. The
survey vessel, was sent to the region to fulfil its Turkish Foreign Ministry has alleged that the
duties, he added. The ship moved into waters off Egypt-Greece zone falls in the area of Turkey’s
Cyprus in late July. Meanwhile, the Turkish navy continental shelf.
Output increases at North Yaran
IRAN IRAN’S official energy sector media outlet around 15,000 bpd, with some spikes in produc-
Shana reported this week that oil production at tion to 20,000 bpd.
the North Yaran oilfield had increased by 500 The original plan for South Yaran involved
barrels per day (bpd) following the installation drilling 30 wells that would allow for up to 60,000
of the first Sucker Rod Pump (SRP) in one of the bpd of oil to be produced.
field’s wells. However, PEDEC’s director of development
Shana quoted Petroleum Engineering and at South Yaran, Homayoon Kazemeini Kaze-
Development Co.’s (PEDEC) head of North meini, cited drilling data pointing to the possi-
Yaran development, Mohammad-Ali Ajdari, as bility that the Fahlyan layer of South Yaran had
saying that the first SRP was installed for a trial no production capacity.
operation early in July, following the installation The target was therefore reduced to 25,000
of the first electrical submersible pumps (ESP) bpd, with 21,000 bpd predicted from the Sarvak
last year. layer and 4,000 bpd from the Gadvan layer. This
He said: “The performance of the pump was target was later raised to 30,000 bpd, as more oil
evaluated against the characteristics provided by is anticipated from the Sarvak layer.
the manufacturer and considering the produc- Combined reserves at North and South Yaran
tion conditions of the reservoir and the well, and are estimated to be at least 2bn barrels of oil. Out-
the 72-hour test with a flow rate of 750 barrels put from North Yaran is estimated at 30,000 bpd.
per day was approved.” The North and South sites comprise the Ira-
Ajdari noted that the pump is produced nian part of a wider formation that includes the
locally and has increased output from well 14 by Azadegan field, which is shared with Iraq and
at least 500 bpd, raising well pressure to 370 ppm. tapped from both sides.
In 1Q 2019, Petroleum Engineering and In Iraq, it is known as Majnoon, Arabic for
Development Co. (PEDEC) brought six wells ‘insane’, a reference to the deposit’s conserv-
into production at South Yaran, raising out- atively estimated 38bn barrels of oil in place
put from just over 10,000 bpd to an average of (OIP).
P10 www. NEWSBASE .com Week 32 12•August•2020
