Work has paused on UKOG’s Turkish well after the drilling assembly became stuck.
A statement from the company today said the component was successfully recovered but the section of well was considered “unsuitable for onwards drilling”.
A sidetrack well is now planned in the well, Basur-3, to test the Garzan and Mardin targets.
But UKOG said to ensure the sidetrack was “optimally located” any drilling would be paused until after the previously-planned acquisition and processing of new seismic data.
UKOG has a 50% non-operational stake in the Resan licence, which includes the Basur oil field. The operator is the US company, Aladdin Middle East (AME).
UKOG’s chief executive, Stephen Sanderson, said today:
“Clearly the unforeseen delay in delivering the Basur appraisal objective is disappointing, but we remain pleased by AME’s exemplary performance in resolving the stuck drilling assembly situation. We concur with AME that the most prudent course of action is to pause commencing the sidetrack until new modern seismic can be incorporated to further de-risk drilling and help achieve our objective.”
In May 2021, UKOG described by the Basur project as the “focus of the Company’s 2021 activities”.
Last month, AME reported good progress on Basur-3, saying it had successfully cementing the well’s casing to a depth of 1,204ft.