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Exploratory drilling in the Sarsang licence was completed in the first half of 2015. In the Sarsang licence, HKN Energy submitted a revised field development plan for Swara Tika in the first quarter of 2015.
2015: Exploration drilling on the East Swara Tika prospect in the Sarsang licence was concluded, and a Declaration of Commerciality submitted.
2014: Maersk Oil opened a representative office in Erbil.
2014: Maersk Oil converted its 30% shareholding in HKN Energy, a privately owned U.S. company, to an 18% non-operated interest in Sarsang licence. HKN Energy continues as operator for the Sarsang licence, holding its 37% interest, with partners Marathon Oil (20%) and the Kurdistan Regional Government (KRG) with 25%.
2014: The Swara Tika discovery is declared commercial in the Sarsang licence.
2013: Testing completed of a second well, Swara Tika 2, for further appraisal of the discovery.
Maersk Oil uses its extensive experience as operator and partner in working closely with regional governments, of developing challenging reservoirs, of integrated operations and of large scale project to positively support partnerships in the Kurdistan Region of Iraq.
Since 2012, Maersk Oil has seconded supervisory staff into HKN Energy’s Erbil office. Through the support of HKN Energy’s activities, Maersk Oil contributes to the successful operations while learning valuable lessons to apply to exploration activities in the Kurdistan Region of Iraq.
A good understanding of the subsurface is essential, and Maersk Oil’s experience from fractured carbonate reservoirs, such as in the North Sea, is very relevant to the fractured carbonates of the Kurdistan Region of Iraq.
The export artery pipeline from the Kurdistan Region of Iraq to the port of Ceyhan in Turkey now has a capacity of some 600,000 barrels of oil a day.
Compared to offshore exploration, onshore work often has poorer seismic imaging of the subsurface. In Maersk Oil’s Kurdistan acreage, 2D seismic has been augmented by an aerial gravity survey, in which sensitive equipment mounted on a plane collects data from the subsurface structure, based on the differences in densities of the subsurface rocks.