Project Profile
Value: Undisclosed
Location: Shekhan District in the Nineveh plains area, Ninewah governorate, Kurdistan, Iraq
Production: 13,584 bopd
Start-up Year: -
Ain Sifni Production Sharing Contract (PSC) is located in the Shekhan District in the Nineveh plains area of the Ninewah governorate in Kurdistan, Iraq. Afren has a 20% interest in the Ain Sifni PSC and is partnered by Hunt Oil Middle East (60% and operator as well) and the Kurdistan Regional Government (20%). The Simrit anticline is a large scale east to west trending structure located on the northern part of the Ain Sifni PSC. The partners recently completed drilling of the Simrit-2 exploration well, the purpose of which was to test the western extent of the structure. The well was ultimately drilled to a total measured depth of 3,800 metres and encountered 460 metres of net oil pay throughout Cretaceous, Jurassic and Triassic age reservoirs.
Following the conclusion of drilling operations in June 2012, a comprehensive well test programme commenced and is ongoing. The partners intend to undertake up to 12 separate drill stem tests (DSTs) in total, and announced in July 2012 that the first batch of three DSTs in the Triassic age Kurra Chine formation had yielded an aggregate flow rate of 13,584 bopd of 39° API gravity oil. The Simrit-3 exploration well is seeking to demonstrate the presence of oil within the same Cretaceous, Jurassic and Triassic reservoir intervals at the eastern extent of the Simrit anticline.
The PSC contains the Simrit and Jebel oilfields.
Operators:
Hunt Oil Middle East: Operator with 60% interest
Afren Plc: 20% interest
Kurdistan Regional Government: 20% interest