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GPK declares commerciality for the Shewashan light oil discovery in the Kurdistan Region of Iraq


Published Oct 20, 2014
Map of Iraq

GPK has declared the Shewashan light oil discovery commercial and is preparing the Field Development Plan (FDP) for submission to the MNR in accordance with the Khalakan PSC.

Shewashan-1 produced light oil (45API) on test from reservoir zones in the Cretaceous Shiranish, Kometan and Qamchuga formations. The Shewashan-1 well will now be put on production to gather data ahead of the final FDP approval.

Steve Lowden, Director of GPK, said: The Shewashan discovery establishes GPK as a production Operator in the KRG's expanding oil and gas industry and has demonstrated the potential for significant quantities of light oil to complement the country's growing reserves base.

Tags: GPK




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