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Turkey's ERA Energy outsources oil&gas exploration projects

Türkiye Materials 11 December 2019 11:28 (UTC +04:00)
Turkey's ERA Energy outsources oil&gas exploration projects

BAKU, Azerbaijan, Dec. 11

By Anastasia Savchenko - Trend:

Turkey's ERA Energy – Energy Services and Oil Trade Ltd. has outsourced 80 percent of its oil and gas exploration license to BORDRILL Drilling Contractor and Trade Corporation, Trend reports referring to the Turkish Ministry of Energy and Natural Resources.

BORDRILL Drilling Contractor and Trade Co. will carry out oil and gas exploration in Istanbul's Silivri district.

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

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.

From January through 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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