UK’s Genel Energy said oil has flowed from the latest test well at Iraqi Kurdistan’s Taq Taq oilfield.
The TT-34 well, which is nearing completion, has produced from all zones tested, at a maximum combined flow rate of over 3,900 barrels of oil per day (bopd) with 28/64” choke, the company said. With the inclusion of test production, gross production from the Taq Taq field is currently around 13,650 bopd. Genel has a 44 per cent working interest in the Taq Taq production sharing contract.
The company said that individual zone testing is now underway, which will determine the long-term production strategy.
Genel expects the well to be placed on production around the middle of January with an initial flow rate of 1,500-2,000 bopd.
Meanwhile, the rig has moved to drill the TT-35 well, also on the northern flank of the field, which is now preparing to spud.