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TR Oil & Gas Exploration Update & Discussion

Huelague

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How we use this natural gas for energy extraction in procentages (electricity for example)?
~25% for power generation (very expensive). Is that number correct? If yes, the upcoming nuclear plants could reduce this numbers. Solar power plants and Wind turbines can also help to reduce natural gas imports.
 
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neosinan

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Shtr

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There are no rumor this time. It seems to me these are already planned from the beginning. 500B would be great. :) Another 30-40M m3 daily production would help though. I think they wanted to share these news one by one.

Sakarya:

Phase 1: 12 wells - 10M m3 (completed)
Phase 2: 11 wells - 20M m3
Phase 3: 21 wells - 26M m3

Total is around 46-47 m3

But this is still not even close to average daily need which is around 150M m3. Another 30-40M would be really great.
 
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TheInsider

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Blacksea gas reserves will eventually reach 1 trillion cubic meters. I think it is time to start drilling for oil in the prospective area off the coast of Rize.
 

Zafer

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President Erdoğan, speaking at the Opening Ceremony of the Istanbul Physical Therapy and Rehabilitation Training and Research Hospital, said, "We have made a new natural gas discovery of 75 billion cubic meters in the Göktepe-3 well. Its economic value is 30 billion dollars."
"With this amount, we will be able to meet the needs of our households alone for approximately 3.5 years."

This is not a huge amount but considering what can be done with $ 30 B still substantial.
 

TheInsider

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There are no rumor this time. It seems to me these are already planned from the beginning. 500B would be great. :) Another 30-40M m3 daily production would help though. I think they wanted to share these news one by one.

Sakarya:

Phase 1: 12 wells - 10M m3 (completed)
Phase 2: 11 wells - 20M m3
Phase 3: 44 wells - 26M m3

Total is around 46-47 m3

But this is still not even close to average daily need which is around 150M m3. Another 30-40M would be really great.
There will be a total of 44 wells. It is roughly 1 million cubic meters per well.
 

TheInsider

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Erdogan says Turkiye is on the market for new seismic and drill ships.
 

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