Iraq Achieves Hydrocarbons Discovery

Iraq Achieves Hydrocarbons Discovery

The Baeshiqa-2 exploration well in Iraq’s Kurdistan region has achieved a hydrocarbons discovery, the Norwegian oil and gas operator, DNO ASA, announced.

The upper part of Triassic Kurra Chine B reservoir has produced different rates of light oil and sour gas, according to Pipeline Oil and Gas News.

Other Jurassic and Triassic zones are currently being tested, which will determine the next steps towards appraisal and commercial assessment.

The Baeshiqa-2 well was spud in February 2019 and drilled at a total depth of 3,204 meters.

DNO owns a 32% interest and operatorship of the Baeshiqa license. Other partners include ExxonMobil with 32%, Turkish Energy Company with 16%, and the Kurdistan Regional Government with 20%.

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