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Turkish Petroleum adds 1,560 b/d production from three new wells: minister

Istanbul — Turkish Petroleum has begun oil production from three new wells producing a total of 1,560 b/d, Turkish energy minister Fatih Donmez said Friday.

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The three wells were named as the Mermer-1 in Diyarbakir province, drilled to a depth of 3,700 meters, with reserves of 5.26 million barrels of 45 API crude and producing at 200 b/d; the Hancerli 5 well, also in Diyarbakir, drilled to 1,500 meters, with reserves of 6.06 million barrels of 37 API crude and producing at 810 b/d; and the Demirkuyu-1 well in Siirt province, drilled to 2,000 meters with reserves of 11.2 million barrels of 31 API crude, and producing at 450 b/d.

Speaking via his Twitter account, Donmez said the new production wells are the result of TP using "high technology" with the Mermer-1 well the deepest production well drilled in Turkey to date and TP targeting eventual production of 1,000 b/d from the Demirkuyu-1 well.

State news agency Anatolia reported Donmez as stating that last year TP produced 40.3 million barrels of oil equivalent, of which 15.5 million boe were the result of newly discovered reserves.

No individual figures for oil and gas production were given and none have yet been released.

In 2017 TP produced 12.33 million barrels of crude, an average of 33,781 b/d, and 267 million cu m of gas, according to its annual report.

-- David O'Byrne, newsdesk@spglobal.com

-- Edited by Jonathan Fox, newsdesk@spglobal.com