Hillwood International Energy, an independent oil and gas explorer from Dallas, Texas, and Marathon Oil Corporation, another independent, based in Houston, Texas, have gauged a large oil discovery on the Sarsang block north of Dohuk on the Zagros fold belt in Iraqi Kurdistan, according to the Oil & Gas Journal.
The total flow rates in the three zones of the Swara Tika-1 discovery well was more than 7,000bpd of light oil, plus gas. Equipment size and capacity limited the flow rates. The well was drilled to a depth of 12,500ft and found 1,500ft of gross oil column.
(Source: Oil & Gas Journal, Hillwood International Energy, Marathon Oil Corp)