Genel Energy announced that a successful side track of the original Ber Bahr 1 exploration well in the Kurdistan Region of Iraq, has confirmed the existence of a commercial oil discovery.
The Ber Bahr 1 well original drill depth was 3,933 metres in the upper Permian Chia Zairi formation. It encountered good oil shows over a c.300m interval in the Jurassic. Two drill stem tests over this interval failed to flow, said the company in a press statement.
The original well has now been successfully side tracked and in several tests, conducted over a period of days, achieved a sustainable flow rate of 2,100 bpd of 15 API oil from the Middle Jurassic age Sargelu Formation.
Dr John Hurst, head of Exploration of Genel Energy, said: “The Ber Bahr well adds a further commercial oil discovery to Genel’s already significant KRI resource base. We plan to begin a phased development of the field in the second half of this year."
Genel Energy holds a 40 per cent working interest in the Ber Bahr licence and is the operator, Gulf Keystone Petroleum Ltd holds a 40 per cent working interest and the Kurdistan Regional Government holds the remaining 20 per cent interest.