Page 13 - MEOG Week 25 2021
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MEOG                                  PROJECTS & COMPANIES                                            MEOG


       Iran begins to tap new




       reservoir at Abouzar






        IRAN             IRAN’S Offshore Oil Co. (IOOC) this week  around 4.3bn barrels of oil in place (OIP), 20%
                         announced that it had begun producing oil from  of which is deemed to be recoverable. Produc-
                         the Asmari reservoir of the offshore Abouzar oil-  tion is currently running at around 200,000 bpd,
                         field around 76 km south-west of Kharg Island.  which is piped via an 82-km, 24-inch (610-mm)
                           In an official statement, IOOC’s head of  pipeline operated by the National Iranian Oil Co.
                         petroleum engineering, Javad Rostami, said:  (NIOC).
                         “With the plans made in the past few months   Rostami added that to date, the development
                         for additional development of the reservoir and  of Abouzar has focused on the Ghar (4.03bn bar-
                         the possibility of producing oil from the upper  rels of OIP and 1.73bn barrels of reserves), Ber-
                         Asmari layer of Abouzar field, and after its com-  gen (118mn barrels of OIP and 31mn barrels of
                         pletion and commissioning, oil production from  reserves) and Dammam (138mn barrels of OIP
                         this reservoir was realised for the first time in the  and 18.4mn barrels of reserves) layers.™
                         history of Abouzar’s development.”
                           He said that having evaluated previous stud-
                         ies and appraised the production results of the
                         new well, IOOC has launched plans to drill more
                         wells for the further development of the Asmari
                         layer. He estimated that by drilling five to eight
                         wells, production of 6,000-10,000 barrels per day
                         (bpd) of oil from the reservoir would be possible.
                           The field was discovered by Agip in 1961
                         following the drilling of the first well on the
                         Ardeshir structure two years earlier.
                           According to Tehran Times, 107 wells have
                         been drilled in the field, with 90 of these remain-
                         ing in operation, while the remainder have been
                         idled owing to technical problems or age.
                           Abouzar is estimated to contain a total of





       UK Oil & Gas receives



       rig at Turkish well site





        TURKEY           AIM-TRADED UK Oil & Gas announced on  rig-acceptance stage was expected to continue
                         June 21 that the Oceanmec Karahan ZJ40DZ rig  throughout the coming week. A drilling start is
                         has been mobilised to the Basur-3 appraisal well  expected to follow shortly after that.
                         site from western Turkey.              Turkey, a major importer of oil and gas, is
                           The move followed the completion of the  attempting to build up what’s so far only a very
                         Basur-3 appraisal well’s drilling pad and the  modest oil extraction industry in the country.
                         finalisation of the rig contract, it said.  Basur-3, in Resan, southeastern Turkey,
                           “This welcome news is yet further confirma-  would be the first modern well designed to prop-
                         tion that the pace of operations is far more rapid  erly appraise and assess the extent and commer-
                         in Turkey than the UK, taking only three months  cial viability of the discovered Basur-Resan oil
                         from the start of site construction to the arrival of  pool. In announcements in October and January,
                         the drilling rig,” said UK Oil & Gas CEO Stephen  UKOG said Basur-1 produced 500 barrels of oil
                         Sanderson. “We look forward to rig acceptance  from a short six-hour test.
                         and to drilling the first well in our planned Turk-  UKOG Turkey holds a 50% interest in
                         ish campaign.”                       Basur-3 and the surrounding 305-square kilo-
                           The company added that the rig-up and  metre Resan M47-b1,b2 licence.™



       Week 25   23•June•2021                   www. NEWSBASE .com                                             P13
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