Sign In / Up

Add contribution as a guest

Your email will not be displayed publicly
Benefit of signing in/signing up to personalize comment

Comment as a guest

Your email will not be displayed publicly
Benefit of signing in/signing up to personalize comment

Login

Not a member Register   Forgot Password
or connect using
 

Email

 

Rudaw

Business

Oryx Petroleum hails successful test in Kurdistan’s Banan field

By Rudaw 21/6/2018
Canada's Oryx Petroleum is producing 1,500 bpd at Banan-3 since testing began one week ago. File photo: Farzin Hassan/Rudaw
Canada's Oryx Petroleum is producing 1,500 bpd at Banan-3 since testing began one week ago. File photo: Farzin Hassan/Rudaw
ERBIL, Kurdistan Region – Oryx Petroleum Corporation Limited announced the successful testing phase and appraisal of the Banan-3 well in the Kurdistan Region, which has been producing 1,500 barrels per day (bpd) from the Tertiary reservoir since the testing began 7 days ago.

"We are very pleased to have resumed operations at the Banan field with a successful appraisal well targeting the Tertiary reservoir," said CEO Vance Querio of Oryx Petroleum as reported on Wednesday by Oil&Gas 360.

The Banan-3 well was drilled to a depth of 500 meters between late May and early June 2018 with Tertiary reservoir being partially penetrated.  Using a jet pump, oil is being pumped out at approximately 1,500 bpd.

Oryx Petroleum stated they intend to continue the extended production test of Banan-3 to assess the well's performance and are looking for ways to further increase production. Additional appraisals of the Banan field will be completed to seek more reservoirs.

"The average production rate achieved thus far is consistent with expectations and export of the oil is proceeding smoothly," Querio said.

Querio went on to add that in the Hawler license area for Oryx Petroleum, there is now approximately 5,300 bpd being produced.

"The drilling or re-entry of four more wells is planned for the second half of 2018 subject to the performance of existing wells," he added.

Be Part of Your Rudaw!

Share your stories, photos and videos with Rudaw, and quite possibly the world.

What You Say

Kam | 9/25/2018 10:26:39 AM
Failure . Simple . No other explanation . Don’t try and hide it . It’s too late . FYI . No one cares what you really want . Wake up .
Fellow Kurds, why blame yourself for wanting independence?
| 17 hours ago | (1)
Fret | 9/25/2018 7:22:41 AM
yeah yeah yeah, and in a few months Trump will announce "a summit" with Khamanee, and throw all their allies under the bus. Khamanee will of course...
Hiwa | 9/25/2018 8:04:25 AM
Kurdish price for this should be full return of every inch of "disputed" territory. Finel status that all those Kurdish areas are offically part of...
Pompeo: US seeking 'Iraqi national government' to counter Iran's influence
| 21 hours ago | (3)
Michael | 9/25/2018 7:42:55 AM
Extremely good summery, many of us feel the same, thank you
Peleng | 9/25/2018 7:58:30 AM
In my opinion the real mistake was for all Peshmerga retreating when the Iraqi/Iranian forces moved in. We know that the PUK ordered their forces to...
Critics of Kurdistan’s historic independence vote remain misguided
| 21 hours ago | (2)
pete | 9/25/2018 6:16:38 AM
I had to give up reading as soon as I got to the ENKS propaganda against PYD. ENKS are traitors who work for Turkey against Rojava, and are a...
Pete | 9/25/2018 7:38:20 AM
Rojava is a direct democracy. It is not “ruled” by PYD. ENKS is allied with Turkey and has no relationship to Rojava in any way. ENKS is not a “rival...
PYD turns 15: What next for Rojava?
| yesterday at 08:43 | (5)

Elsewhere on Rudaw

A week on, refugee agency trying to repatriate bodies of Kurds from Turkey 12 hours ago |

A week on, refugee agency trying to repatriate bodies of Kurds from Turkey

Turkish police have arrested six smugglers in more
Kurdistan independence referendum: Was it worth it? 15 hours ago |

Kurdistan independence referendum: Was it worth it?

Did its consequences merit holding the referendum more
Parliament speaker stresses national consensus on presidency in talks with PUK 16 hours ago |

Parliament speaker stresses national consensus on presidency in talks with PUK

Halbousi “insisted on the importance of getting more
0.469 seconds