The Norwegian oil and gas company, DNO ASA has completed the testing and appraisal of the Baeshiqa-2 exploration well in Kurdistan, Iraq, in addition to preparing the imminent spud of an exploration well on a separate prospect, Zartik, according to a press release.
The testing has proven oil and gas in three separate Triassic aged reservoirs. After close examination of the results, an assessment will be conducted to determine the next steps towards commercialization. The Zartik-1 well is anticipated to spud on May 15. The well’s site construction was completed by the end of April, on its scheduled time and below budget.
In November 2019 DNO discovered hydrocarbons that flowed to the surface from the upper part of Triassic Kurra Chine B reservoir during the first phase of testing. The reservoir produced between 900 and 3,500 barrels of oil per day (bbl/d) with specific gravity ranging between 40o and 52o API and sour gas between 8.5 to 15 million standard cubic feet per day (mmscf/d).
DNO acquired a 32% interest and operatorship of the Baeshiqa license in 2017. Partners include ExxonMobil with 32%, Turkish Energy Company with 16 percent and the Kurdistan Regional Government with 20%.