DNO ASA, the Norwegian oil and gas operator, has announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well, in accordance with the requirements of the Production Sharing Contract, after flowing hydrocarbons to surface from the upper part of Triassic Kurra Chine B reservoir.
Following acid stimulation, the zone flowed variable rates of light oil and sour gas. Further testing of this and other Jurassic and Triassic zones is ongoing and will determine the next steps towards appraisal and assessment of commerciality.
The Baeshiqa-2 well was spud in February 2019 and drilled to a total depth of 3,204 metres (2,549 metres TVDSS).
DNO acquired a 32% interest and operatorship of the Baeshiqa license in 2017. Partners include ExxonMobil with 32%, Turkish Energy Company with 16% and the Kurdistan Regional Government with 20%.
