Potential reserves of 804 million barrels available in Sangaw North Block
The UK’s Sterling Energy is to start drilling on its first well in Iraq’s Kurdistan in the second half of December.
Sterling says it has mobilised the drilling rig and expects to drill down on the Sangaw North Block to a depth of 3,660 metres, with an option to go deeper to 4,160 metres depending on initial findings.
The company and independent consulting firm RISC estimate up to 804 million barrels of oil reserves are in place in the Sangaw North Block.
On 26 November, the UK’s Heritage Oil started a four-month drilling programme on its Miran West 2 well in Kurdistan. This is the first stage in its attempt to unlock up to 4 billion barrels of oil reserves in the overall Miran structure.
You might also like...
Hassan Allam and Siemens confirm Hafeet Rail award
24 April 2024
UAE builds its downstream and chemical sectors
24 April 2024
Acwa Power eyes selective asset sales
24 April 2024
Bahrain mall to install solar carport
24 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.