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Turkey plans to start new oil & gas exploration projects

Türkiye Materials 10 January 2020 16:42 (UTC +04:00)
Turkey plans to start new oil & gas exploration projects

BAKU, Azerbaijan, Jan. 10

By Anastasia Savchenko - Trend:

Five deepwater drilling operations will be carried out in Turkey in 2020, Trend reports citing Turkish media.

The search for hydrocarbon reserves in the Mediterranean and Black Seas will last until the end of the year.

According to the report, 2D seismic surveys (the total exploration depth was 2,879 kilometers) were carried out along with 3D seismic surveys (the total exploration depth was 20,200 kilometers) in the country.

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.

Sixty-one 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 990.4 kilometers were drilled by foreign companies, while 195 wells were drilled by joint ventures.

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.

The law allowing carrying out oil exploration in forests and national parks entered into force in Turkey in April 2014.

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