Exploration & Production
TransAtlantic Details Premier HZ Producing Well in Turkey
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TransAtlantic Petroleum Ltd. has reported initial production results of the Goksu-3H, the Company's first horizontal producing well in Turkey, and provide an update of recent operating activity.
Goksu-3HThe Goksu-3H exploration well (100% working interest) was recently completed as TransAtlantic's first horizontal producing well in Turkey. The Goksu-3H began flowing naturally on October 22, 2012 after approximately 36 hours of jetting. TransAtlantic has flowed the well on chokes ranging from 19/64" to 24/64". The well's flowing tubing pressure has stabilized between 185 and 205 pounds per square inch (psi) with a stable shut in casing pressure of approximately 500 psi. To date, the well has recovered approximately 3,000 barrels (bbls) of oil and 10,000 bbls of water (approximately 65% of…
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