Condor to complete Poyraz well in Turkey

Condor Petroleum Inc., Calgary, has cemented production casing in a well that logged at least 135 m of net natural gas pay in stacked reservoirs at the edge of Poyraz Ridge gas field under development in northwestern Turkey.

Pay in the Poyraz 3 well is in Miocene Kirazli and Gazhanedere sandstones and Eocene Sogucak carbonate.

The company said the well encountered no gas-water contact in basal Gazhanedere reservoirs. The gas-water contact in the Sogucak was confirmed to be at the structural spill point of Poyraz Ridge field.

Condor President and Chief Executive Officer Don Streu said borehole imaging of the Sogucak “confirms the presence of an extensive network of fractures with the pay column, which should serve to enhance flow performance.”

The well will be tested and completed when the rig moves off location. Condor next will drill Poyraz West 5, an appraisal on a different drilling pad designed to test the northwestern extension of the field.

Poyraz Ridge gas field is in the 171-sq-km Ortakoy license area on Gallipoli Peninsula, comprising four contiguous production licenses. Condor acquired a 100% interest in the area in November 2015.

Poyraz Ridge is one of five discoveries on seven structures drilled. The gas is 94% methane.

The field is 17 km from the 36-in. Interconnect Turkey-Greece-Italy pipeline, which has unused capacity. Condor has received preliminary tie-in approval from Turkish authorities.

Condor plans to start gas production in mid-2017. It has conducted front-end engineering and procurement for facilities designed to handle as much as 15 MMscfd of gas.

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