Türkiye revises up recoverable gas reserves in Black Sea after latest discovery of 58 bcm

Türkiye revises up recoverable gas reserves in Black Sea after latest discovery of 58 bcm

Published December 27,2022


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Türkiye on Tuesday revised up the quantity of recoverable reserves in a fuel area off its Black Sea coast, including its newest discovery of 58 billion cubic meters.

In a press briefing on the brand new pure fuel reserves found within the offshore Sakarya area, Energy and Natural Resources Minister Fatih Dönmez famous that the nation’s drill ship Fatih had began drilling work within the Çaycuma-1 properly on Oct. 29.

“We finished two months of work there with a discovery. According to this discovery, we calculated recoverable reserves (in the Çaycuma-1 well) to be 58 billion cubic meters (bcm),” Dönmez declared, including that the properly is positioned within the northwest of the Sakarya fuel area.

Türkiye introduced its first pure fuel discovery within the Black Sea about two years in the past within the Tuna-1 properly, which holds 405 bcm and was the world’s largest offshore discover in 2020. It made one other discovery in 2021 within the Amasra-1 properly, holding reserves of 135 bcm.

Ankara has been working with DeGolyer and MacNaughton, a number one impartial consulting agency centered on the petroleum business, on the Black Sea reserves’ re-evaluation after the nation accomplished drilling works in 13 wells and 3D modelling of the Sakarya fuel area, based on Dönmez.

After these re-evaluation efforts, the reserves within the area had been revised up from 540 bcm to 652 bcm, Dönmez mentioned, including that the whole quantity of recoverable reserves within the Sakarya Field is now calculated to be 710 bcm with the most recent discovery in Çaycuma-1.

“Our teams are working at full speed in accordance with the (latest) business plan. In the 100th year of our republic, we hope to bring this gas (to our citizens). Hopefully, we will have supplied the first of the gas to the system towards the end of March.”

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