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Turkish Petroleum Corporation appeals to ministry to extend license

Türkiye Materials 1 June 2020 19:00 (UTC +04:00)
Turkish Petroleum Corporation appeals to ministry to extend license

Baku, Azerbaijan, June 1

By Rufiz Hafizoglu – Trend:

The Turkish Petroleum Corporation (TPAO) has applied to the country's Ministry of Energy and Natural Resources to extend the license for the exploration work in the country, Turkish Ministry of Energy and Natural Resources told Trend.

The license covers the exploration operations in Batman, Siirt and Diyarbakir provinces, as well as in the Mediterranean Sea.

Some 5,063 exploratory wells were drilled during oil exploration operations conducted in Turkey in 2019.

In the reporting year, the total depth of exploratory drilling operations exceeded 9.5 million meters.

“The Turkish Petroleum Corporation drilled 3,048 exploratory wells with a total depth of more than 6.1 million meters,” the ministry said.

According to the ministry, the organizations of Turkey’s Mineral Research and Exploration General Directorate (MTA) drilled 104 wells with a total depth of 133,386 meters; and 257 wells with a total penetration of 311,662 meters were drilled by the country’s other companies.

Some 1,312 exploratory wells with a total depth of over 2.2 million meters were drilled by foreign companies, and 342 wells by joint ventures and consortia.

From January through December 2019, TPAO identified 510 deposits, MTA - eight, other Turkish companies - 24, foreign companies - 306, and joint consortia - 93 fields.

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Follow the author on Twitter: @rhafizoglu

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