The tested zone is in the upper Jurassic and flowed at rates of up to 3,200bopd with associated gas rates of 933,000scf/d. The oil gravity was 18 degrees API and flowing wellhead pressure was 420psi on a 48/64″ choke.
Drilling operations are still in line with the plans, following the completion of the full test cycle and the drilling will resume from the current depth of 3831mt to a final planned depth of approximately 4400mt, pending actual well results.
The equity working interests in Akri Bijeel are currently 80% for Kalegran and 20% For Gulf Keystone.
Gulf Keystone Petroleum is an independent oil and gas exploration company focused on exploration in the Kurdistan region of Northern Iraq.
