Press

Operational update from Genel Energy

Posted by OilVoice Press

23-Dec-2016


Genel Energy plc ('Genel' or 'the Company') issues the following update in respect of the Taq Taq field (Genel 44% working interest).

The third and final well of the 2016 Taq Taq drilling programme, TT-16y, has been successfully drilled and completed in the main Shiranish reservoir. The well is naturally flowing at c.8,000 bopd. 

Gross Taq Taq production is currently c.40,000 bopd, with Q4 2016 averaging 45,000 bopd to date. The Pilaspi reservoir is being readied for production in January 2017, and is expected to contribute c.3,000 bopd. 

The three Shiranish wells (TT-27x, TT-07z, and TT-16y) drilled in the 2016 campaign are currently producing a combined c.9,000 bopd. Discussions are ongoing between the Taq Taq partners over a potential workover of TT-07z. This well flowed on test at 5,000-9,000 bopd, although as a result of mechanical issues experienced during well completion activities TT-07z has recently been producing at 400 bopd. 

Genel's net working interest production from the Taq Taq and Tawke fields has averaged 53,500 bopd in 2016 to date.  

The updated Field Development Plan and the Competent Person's Report for Taq Taq are on track for completion in Q1 2017. 

Genel plans to issue a trading and operations update in respect of 2016 financial and operating performance and 2017 outlook on Tuesday 24 January 2017.


Genel EnergyOperations Update

More items from oilvoice


Xodus wins subsea contract with Apache

Xodus Group has won a contract with North Sea operator Apache to deliver subsea engineering services for two new infill well developments at the Nevis and Skene fields in the Northern North Sea. The project includes a novel idea of designing and fabricating spools with no requirement for metrology ...

OilVoice Press


Posted 2 hours agoPress > Xodus GroupApache Corporation

Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press


Posted 4 hours agoLink > Donald TrumpIraq

Ascent Resources flare Pg-10 well

  Operational update - Well Pg-10   The Board of Ascent is pleased to update shareholders that the additional wireline operations at well Pg-10 have been successfully completed.    The service team cleared debris from the well and perforated the production tubing at a depth of 3,102 met ...

OilVoice Press


Posted 4 hours agoPress > Ascent Resources

Rose Petroleum announce Operations update

  Operations update  Rose Petroleum plc (AIM: ROSE), the AIM quoted natural resources company, is pleased to provide an update on the operational activity currently taking place within the Group.  The executive team is currently working on three major fronts: Oil and Gas, Mining and Exploratio ...

OilVoice Press


Posted 4 hours agoPress > Rose Petroleum

BP’s Juniper platform sets sail for offshore Trinidad

BP Trinidad and Tobago LLC (bpTT) today announced that the new Juniper offshore platform has begun its journey towards the southeast coast of Trinidad where it will be installed as bpTT's 14th offshore installation. The Juniper project is a US$2 billion investment in Trinidad and Tobago and one of ...

OilVoice Press


Posted 4 hours agoPress > BPTrinidadJuniper platform
All posts from oilvoice