Sirnak daily oil production to reach 25,000 barrels next year, says governor
ERBIL, Kurdistan Region - The governor of Sirnak on Friday announced that they expect to reach a daily production rate of 25,000 barrels in 2023 following the discovery of a new oil reserve in the area, making the province Turkey’s largest oil producer.
Turkish President Recep Tayyip Erdogan on Monday announced the discovery of a new oil reserve in southeastern Turkey's Kurdish populated province of Sirnak, which he valued at approximately $12 billion.
The newly discovered oil reserve in Gabar Mountain is estimated to have 150 million barrels of net oil, according to Erdogan.
“We will reach 25,000 barrels per day next year, making us the largest oil field in Turkey,” Osman Bilgin, Sirnak’s governor, told reporters from the site of the newly discovered oil reserve, adding that “the oil has such a high quality that it can be used as diesel without refining.
Bilgin said that they were currently producing 5,350 barrels per day from five oil wells in Gabar Mountain, calling it the “highest quality across Turkey,” noting that work on a sixth well will soon commence.
“Oil in place in the field is estimated as 250 million barrels, while the recoverable reserves are calculated as 150 million barrels oil,” he added.
Bewar Khinsi, energy affairs advisor to Kurdistan Region's Prime Minister Masrour Barzani, believed the new oil reserve can help strengthen energy relations between Ankara and Erbil.
“The discovery of the new oil reserve in Sirnak will work as a motivator to strengthen the relations between Turkey and the Kurdistan Region in the field of energy,” Khinsi told Rudaw English on Friday.
Sirnak is on the border area between Turkey and the Kurdistan Region.
Ankara and Erbil enjoy great economic relations, and most of the Kurdistan Region's crude oil is marketed through Turkey's pipelines.
Turkey currently produces around 65,000 barrels of petroleum on a daily basis, a notable increase from the 40,000 barrels it was producing five years ago.
Turkey’s national hydrocarbon company, Turkish Petroleum, said that they plan to drill 12 more appraisal and production wells in Gabar Mountain in 2023.
Turkish President Recep Tayyip Erdogan on Monday announced the discovery of a new oil reserve in southeastern Turkey's Kurdish populated province of Sirnak, which he valued at approximately $12 billion.
The newly discovered oil reserve in Gabar Mountain is estimated to have 150 million barrels of net oil, according to Erdogan.
“We will reach 25,000 barrels per day next year, making us the largest oil field in Turkey,” Osman Bilgin, Sirnak’s governor, told reporters from the site of the newly discovered oil reserve, adding that “the oil has such a high quality that it can be used as diesel without refining.
Bilgin said that they were currently producing 5,350 barrels per day from five oil wells in Gabar Mountain, calling it the “highest quality across Turkey,” noting that work on a sixth well will soon commence.
“Oil in place in the field is estimated as 250 million barrels, while the recoverable reserves are calculated as 150 million barrels oil,” he added.
Bewar Khinsi, energy affairs advisor to Kurdistan Region's Prime Minister Masrour Barzani, believed the new oil reserve can help strengthen energy relations between Ankara and Erbil.
“The discovery of the new oil reserve in Sirnak will work as a motivator to strengthen the relations between Turkey and the Kurdistan Region in the field of energy,” Khinsi told Rudaw English on Friday.
Sirnak is on the border area between Turkey and the Kurdistan Region.
Ankara and Erbil enjoy great economic relations, and most of the Kurdistan Region's crude oil is marketed through Turkey's pipelines.
Turkey currently produces around 65,000 barrels of petroleum on a daily basis, a notable increase from the 40,000 barrels it was producing five years ago.
Turkey’s national hydrocarbon company, Turkish Petroleum, said that they plan to drill 12 more appraisal and production wells in Gabar Mountain in 2023.