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The second development well on the Khalakan production-sharing contract in the Kurdistan region of Iraq flowed as much as 4,400 b/d of oil with low drawdown and less than 1% basic sediment and water, reports Gas Plus Khalakan (GPK).

Drilled to 2,768 measured depth, the deviated Shewashan-2 well produced 47° gravity oil from fractured Cretaceous Shiranish, Kometan, and Qamchuga carbonates between 2,439 and TD.

In 2014, the Shewashan-1 well flowed as much as 2,850 b/d of similarly light oil from Cretaceous strata (OGJ Online, Oct. 17, 2014).

GPK has completed the Shewashan-2 well for production as part of first-phase development of Shewashan field targeting output of 10,000 b/d by yearend.

It is recompleting the Shewashan-1 well for production via an early-production facility with 30,000 bbl of storage and water-handling capacity of 3,000 b/d.

GPK is the sole Khalakan contractor. Range Energy Resources Inc. of Vancouver, BC, is a 24.95% indirect shareholder in GPK through its 49.9% interest in New Age Alzarooni 2 Ltd., which holds 50% of GPK’s shares.

Tag(s) : #Oil and Gas News
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