Tawke PSC

Tawke – An emerging giant

The Tawke field produced an average of 39,000 bopd in 2013, compared to 45,000 bopd in 2012. Production was reduced year on year as export markets remained closed and domestic market demand decreased due to pricing sensitivity.

The operator of the Tawke field announced in June 2014 that production reached 120,021 bopd in May 2014, the first time average monthly production has exceeded 100,000 bopd. May production was split 60-40 between local sales and deliveries to the export pipeline at Fishkhabur.

Production began from two newly completed horizontal wells, at a combined rate of 37,000 barrels per day, in March 2014. In one of the new wells, Tawke-21, eight productive fracture corridors penetrated by a 980-meter horizontal section in the main Cretaceous reservoir interval flowed an average rate of 9,700 barrels per day each.  In the other well, Tawke-22, located six kilometers away, seven productive fracture corridors penetrated by an 800-meter horizontal section flowed an average rate of 8,800 barrels per day each.  Both wells are subject to wellbore and surface facilities limitations.

Two previous Tawke horizontal wells came on production in the second half of last year, three wells are currently drilling and two more are scheduled which, together with Tawke-21 and Tawke-22, will bring the total number of horizontal wells in the field to nine by the end of 2014. 

 

  Working interest reserves  (mmbbls) Net Working interest reserves  (mmbbls)
Total 2P 708 177
Total 3P 843 211

 

Increasing Processing Capacity

At end 2013, the Tawke field had wellhead production capacity of 155,000 bopd. The operator confirmed in June 2014 that plans to increase Tawke deliverability to 200,000 barrels per day by the end of the year continue on schedule. Success in the 2014 horizontal drilling programme could lead to further increases in processing capacity going forward. To facilitate the higher volumes, a new 24 inch pipeline is planned from the field to the Tawke partners’ Fishkabur export facility. The Tawke partners also plan further drilling on the Peshkabir discovery during 2014, which will appraise the discovered resource and test upside potential.

 

Unlocking value

Annual Report & Accounts 2013