The Peshkabir field now produces 15 mbbl/d following the completion of the Peshkabir horizontal well. This well has been tested at a multi-zone (Cretaceous and Jurassic) combined oil rate of 12.5 mbbl/d. All 11 zones were tested at an average oil flow rate per zone of 5,340 bbl/d with the highest test rate of 7.2 mbbl/d. There was only one gas zone. Genel holds 25% of the asset.
11 Dec 2017
FLASH: Positive update at Peshkabir in Kurdistan
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FLASH: Positive update at Peshkabir in Kurdistan
Genel Energy PLC (GENL:LON) | 83.2 -0.1 (-0.1%) | Mkt Cap: 232.5m
- Published:
11 Dec 2017 -
Author:
Stephane Foucaud -
Pages:
2
The Peshkabir field now produces 15 mbbl/d following the completion of the Peshkabir horizontal well. This well has been tested at a multi-zone (Cretaceous and Jurassic) combined oil rate of 12.5 mbbl/d. All 11 zones were tested at an average oil flow rate per zone of 5,340 bbl/d with the highest test rate of 7.2 mbbl/d. There was only one gas zone. Genel holds 25% of the asset.