Valeura Energy brings gas well on stream in Turkey’s Thrace basin

Valeura Energy Inc. has brought on stream its Bati Gurgen-1 well, which has produced about 3 MMcfd of natural gas through a 20/64-in. choke for nearly 2 weeks at flow rate of 1,570 psi (OGJ Online, Jan. 5, 2016).

As previously announced, the well is producing from the Osmancik formation. To date, only 12 m of net pay has perforated, the company said. The well contains a total aggregate of 32 m of net pay in the Osmancik and Danismen formations.

The Bati Gurgen-1 well was tied in through an 3.2-km, 8-in. pipeline to an existing dehydration facility at the Gurgen-1 well on Mar. 8. Gas sales started on Mar. 12. Valeura is sole owner and operates the Banarli license, which is in Turkey’s Thrace basin.

On the adjacent joint-venture lands, where Gurgen-1 is located, Valeura acquired a 40% working interest from Thrace Basin Natural Gas (Turkiye) Corp. and Pinnacle Turkey Inc.

This development marks the first gas from Banarli, “which has boosted current sales in Turkey by more than 60%,” said Jim McFarland, Valeura’s president and chief executive officer.

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