Heritage Oil has completed the second phase of testing at the Miran West-1 discovery in the Kurdistan region of Iraq and reported a flow rate of 3,640 barrels per day from a single reservoir interval.
The test flow rate was restricted by surface equipment capacity, but the well can produce about 8,000-10,000bopd when placed on production, Heritage said.
Miran West-1 is the first wildcat exploration well on this licence. The company has suspended the well and will begin drilling at Miran West-2 later this year.
“We have gathered important information, which will be invaluable in advancing our forward programmes on this significant discovery, beginning with the Miran West-2 appraisal well,” Heritage CEO Tony Buckingham said.