Heritage Oil has revealed that the drilling programme of the Miran West-3 well in the Kurdistan region of Iraq is taking longer than expected and is behind schedule.
Heritage Oil CEO Tony Buckingham said, "The degree of fracturing and high pressure encountered in these deeper intervals have meant that the drilling programme is taking longer than expected," but added, "The data being obtained is vindicating our approach in drilling this deviated well."
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The Miran Block covers 1,015km2 and contains two large structures, Miran West and Miran East.
Heritage Oil has completed well testing and wire line log evaluation of the lower cretaceous reservoir in the well and confirmed the reservoir formation is gas bearing.
The company said the high pressure gas interval is successfully drilled and the well is currently at a depth of 2,910m.
Drilling will continue to the Jurassic targets below 3,000m to appraise the Jurassic reservoir intervals which were discovered by the Miran West-2 well.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataFurther tests planned and future drilling works are expected to be completed within the next few months, while a second rig to drill the Miran East-1 well is on-site and expected to commence drilling soon.
Heritage Energy Middle East, a subsidiary of Heritage, holds a 75% interest in the Miran Block while Genel Energy holds the remaining 25%..
