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Turkish Petroleum Corporation obtains licenses for oil&gas exploration

Türkiye Materials 18 October 2019 12:43 (UTC +04:00)

Baku, Azerbaijan, Oct. 18

By Rufiz Hafizoglu - Trend:

The Turkish Petroleum Corporation (TPAO) will be engaged in oil and gas exploration in two more Turkish provinces, Trend reports referring to Turkey's Ministry of Energy and Natural Resources.

According to the ministry, TPAO received a license for oil and gas exploration in Kilis province on a total area of 1,700 hectares.

TPAO also received a license for oil and gas exploration in Adiyaman province on a total area of 1,104 hectares.

In 2018, 1,889 exploration wells were drilled in Turkey. During the reporting period, the total depth of exploration drilling exceeded 3,960 kilometers.

As reported, the Turkish Petroleum Corporation (TPAO) drilled 943 exploratory wells with a total depth of over 2,290 kilometers.

The ministry noted that 61 wells with a total depth of 92.6 kilometers were drilled by the General Directorate of the Mineral Research and Exploration of Turkey (MTA), while 144 wells with a total depth of 167.3 kilometers were drilled by other domestic companies.

As many as 546 exploratory wells with a total depth of 990.47 kilometers were drilled by foreign companies, while 195 wells were drilled by joint ventures and consortiums.

During the reporting period (January-December 2018), 495 deposits were discovered by TPAO, eight by MTA, 21 by other domestic companies, 304 by foreign companies and 91 by joint consortiums.

In 2018, 91,991 sites with signs of hydrocarbons were discovered in Turkey.

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Follow the author on Twitter: @rhafizoglu

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