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Oil discovery on Bijeel-1 exploration well in Kurdistan

Oilfield Technology,

Gulf Keystone has announced that Kalegran Ltd, a 100% subsidiary of MOL Hungarian Oil and Gas Plc and the operator of the Akri Bijeel block in Kurdistan, concluded a successful oil test in the Bijeel-1 exploration well in the Akri Bijeel block. Undiluted equity working interests in Akri Bijeel are currently 80% Kalegran and 20% GKPI.

The tested zone is in the Upper Jurassic and flowed at rates of up to 3200 bpd of oil equivalent with associated gas rates of 933 000 ft3/d. Oil gravity was 18° API and flowing wellhead pressure was 420 psi on a 48/64 in. choke.

The next step
Following completion of the full test cycle, drilling will resume from the current depth of 3831 m to a final planned depth of approximately 4400 m, pending actual well results.

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