HKN Energy Ltd. (HKN) has announced that it has notified the Kurdistan Regional Government of Iraq (KRG) that the Swara Tika discovery is a “Commercial Discovery” pursuant to the terms of the Sarsang Production Sharing Contract. HKN, as operator of the Sarsang Block, has drilled two wells on the Swara Tika structure. The Swara Tika-1 […]
Tag Archives | Marathon
ShaMaran Announces Atrush-4 Test Results
By John Lee. ShaMaran Petroleum has announced the results of the Atrush-4 appraisal/development well (“AT-4”) drilled in the Kurdistan Region of Iraq. The AT-4 well was spudded on October 20, 2013 using the DQE31 drilling rig and reached Total Depth of 2916m MD on January 23, 2014. The well was deviated well from the AT-1 […]
ShaMaran Announces Reserves and Resources
ShaMaran Petroleum has reported initial recognition of reserves as well as updates to estimated contingent resources and prospective resources for the Atrush block as of December 31, 2013. The reserves and resources estimates were provided by McDaniel & Associates Consultants Ltd., the Company's independent qualified resources evaluator, and were prepared in accordance with standards set […]
Tags: Abu Dhabi National Energy Company (TAQA), Atrush, General Exploration Partners, Marathon, McDaniel & Associates, ShaMaran
Marathon Finds Oil and Gas at Mirawa
By John Lee. Marathon Oil Corporation has announced that the Mirawa-1 exploration well has discovered multiple stacked oil and natural gas producing zones on the Company's operated Harir Block in the Kurdistan Region of Iraq. Located approximately 40 miles northeast of Erbil, the Mirawa-1 well was drilled to a total depth of approximately 14,000 feet. […]
KRG Approves Development of Atrush
By John Lee. ShaMaran Petroleum has announced that the Atrush partners have received approval from the Kurdistan Regional Government (KRG) for the first phase in the development of the Atrush Block. The TAQA-operated Block, located 85 km northwest of Erbil, is expected to initially produce approximately 30,000 barrels of gross oil per day (bpd) with […]
Tags: Abu Dhabi, Abu Dhabi National Energy Company (TAQA), Atrush, Kurdistan News, Marathon, ShaMaran Petroleum, Taqa
Marathon Expects Kurdish Oil Production by 2015
On Thursday, Marathon Oil Corp. said it expects to start producing oil from its operations in the Kurdish region of Iraq within the next two years. The company posted an 8.4 percent increase in net income for the second quarter of 2013, according to its quarterly report. According to UPI, the company said it is planning […]
Oil Companies in Kurdistan - Complete List of Top Oil Companies
Erbil Governorate has compiled and published a list of the top oil companies in Kurdistan [Note: This list was originally compiled and published by Marcopolis - Ed.]. Please click here to see a list of oil companies with licences granted by the Ministry of Oil in Baghdad. [NEW: An updated list can now be found […]
Tags: Abu Dhabi National Energy Company (TAQA), Addax, Afren, Aspect Energy, Chevron, Dana Energy, DNO, Dogan, Exxon, Exxon Mobil, ExxonMobil, Forbes & Manhattan, Gazprom, Genel Energy, Groundstar Resources, Gulf Keystone, Heritage Oil, Hess, Hillwood, HKN, HKN Energy, Hunt Oil, Kar Group, KNOC, Korea National Oil Company, Marathon, Murphy Oil, Niko, Norbest, Oil Search, OMV, Oryx Petroleum, Perenco, Petoil, Prime Oil, Qaiwan, Reliance Industries, Repsol, ShaMaran Petroleum, SINOPEC, Sterling Energy, Talisman, Total, Viking, WesternZagros
KRG Clarifies Incident at HKN Energy Block
By John Lee. The Kurdistan Regional Government has denied that an incident involving HKN Energy in the Kurdish region of Iraq was related to security issues, and said it was instead tied to a labour dispute. In a statement, the KRG also denied media reports that about 120 oil workers were held hostage: "The Kurdistan […]
TAQA Buys into Atrush Block
By John Lee. General Exploration Partners (GEP) has signed a purchase and sale agreement to sell 53.2% of its participating interest in the Atrush Block to Abu Dhabi National Energy Company PJSC (“TAQA”). In conjunction with the sale, Aspect Energy International, LLC will divest itself of any interest in GEP, leaving ShaMaran Ventures B.V. (a […]
Tags: Abu Dhabi National Energy Company (TAQA), Aspect Energy, Aspect Holdings, Atrush, General Exploration Partners, Kurdistan News, Marathon, oil contracts, ShaMaran
Total Says Unclear if Iraq Wants it to Exit Halfaya
By John Lee. The chief executive of French energy giant Total, Christophe de Margerie (pictured), has said that it is not clear if Iraq wants the company to withdraw from the Halfaya oilfield due to its dealings in Iraqi Kurdistan. Total recently acquired a 20 percent interest in the Taza oil exploration block there from […]
Tags: France, HaLFAYA, Harir, KRG, Kurdistan News, Marathon, oil contracts, Safen, ShaMaran, ShaMaran Petroleum, Total
Abu Dhabi's TAQA to Buy Atrush Block?
By John Lee. The Abu Dhabi National Energy Company (TAQA) is said to be in advanced talks to buy a stake in the Atrush Block in Iraqi Kurdistan. The Atrush Block is operated by the joint-venture company General Exploration Partners (GEP) which holds an 80 percent working interest in the Block. Aspect Holdings, LLC through […]
Tags: Abu Dhabi National Energy Company (TAQA), Aspect Holdings, Atrush, General Exploration Partners, Kurdistan News, Marathon, ShaMaran
Total in Kurdistan Deal with Marathon
By John Lee. Following months of speculation, France's Total has announced the completion of an acquisition of 35% interest in two exploration blocks in Iraqi Kurdistan. In a brief statement, the company said: "Total ... announced the signature of a Farm-in Agreement in two exploration blocks in Kurdistan Region of Iraq. "Total has completed an […]