Independent Swiss energy firm Addax Petroleum has announced that the flow test result of its TT-08 appraisal and development well drilled on the Taq Taq field in Kurdistan with its Turkish project partner Genel Enerji shows an aggregate well flow rate of 35,750 barrels per day.
The TT-08 well is a step-out well located approximately 1.7km east of the TT-04 well, which is located near the crest of the Taq Taq field, and is the second of two wells designed to appraise the flanks of the Taq Taq structure.
The TT-08 well was spudded in mid-July 2007 and completed drilling in mid-December 2007, after the rig returned from drilling TT-09, at a total depth of 2,366m. Testing of the TT-08 well commenced in mid-February 2008.
Interpretation of data acquired from the TT-08 well, including wireline and five meters of core, confirmed the presence of a significant and extensive fracture system in the tested.
The results of the drilling and seismic appraisal programs are being integrated into a full field development plan which Addax Petroleum and Genel Enerji expect to commence implementing in 2008. The first stage of a full field development plan is expected to include an early production system with the goal of producing approximately 10,000 barrels of oil per day.