Miran and Bina Bawi have been estimated to hold gross 2C resources of 14,792 bcf of raw gas and 132 mmbbl of condensates, up 40% compared to YE16 estimates. Importantly, the revised Bina Bawi 1C gross raw gas resource estimate is more than 50% higher than the gas volume agreed to for the field under the Gas Lifting Agreement. The revised Miran West 1C gross raw gas resource estimate is in line with the volume agreed to for the field in the GLA.
19 Jan 2018
FLASH: Increased resources at Miran and Bina Bawi in Kurdistan
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FLASH: Increased resources at Miran and Bina Bawi in Kurdistan
Genel Energy PLC (GENL:LON) | 83.6 -0.1 (-0.1%) | Mkt Cap: 233.4m
- Published:
19 Jan 2018 -
Author:
Stephane Foucaud -
Pages:
2
Miran and Bina Bawi have been estimated to hold gross 2C resources of 14,792 bcf of raw gas and 132 mmbbl of condensates, up 40% compared to YE16 estimates. Importantly, the revised Bina Bawi 1C gross raw gas resource estimate is more than 50% higher than the gas volume agreed to for the field under the Gas Lifting Agreement. The revised Miran West 1C gross raw gas resource estimate is in line with the volume agreed to for the field in the GLA.