TR Oil & Gas Exploration Update & Discussion

TheInsider

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Bad location to drill. Low chance to find meaningful reserve. The previous drilling location was also bad but interestingly crew encountered a trace amount of gas so TPAO decided to conduct seismic studies around the drilling location.

The big red dot is the previous drilling location.
IMHO black areas have gas and they are not risky zones so we should be drilling those areas.
There are naturally burning rocks on the mainland around the green star near the small black rectangle area
The current drilling location is the red star at the east near the shore.
Yellow stars are mud volcanoes.
SK points (green dots) are possible/advised drilling locations.
White dots with names are previous drilling locations that turned out to be dry/empty or had trace amounts of gas.
View attachment 51127
BTW mud volcanoes are usually associated with gas. There are mud volcanoes around the Sakarya gas field. There are also mud volcanoes in the Caspian Sea near the Azerbaijani gas field areas. Of course, that doesn't mean when there is a mud volcano there is guaranteed gas and other times gas might be of poor quality or the reserve might be very small and not feasible.
 

Bogeyman 

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Turkey seeks more than 25% discount on Russian gas payments


Turkey will host talks with a Russian delegation in Ankara on Friday to seek discount of more than 25% for the price of its gas imports from Russia, senior Turkish officials said.

A deal with Russia could ease the pressure on the lira, one of the world’s worst-performing currencies over the last year, and help President Recep Tayyip Erdogan avoid hiking energy prices ahead of elections next year to boost his popularity at a time when Europe is facing an energy crunch.

Turkey wants the discount to apply to 2023 payments and some previous payments made in 2022 retrospectively, said the officials who spoke on condition of anonymity about the closed-door preparations.

If Turkey can’t secure a discount at a desirable level, then it will seek deferrals for payments preferably until 2024, the officials said without elaborating. The Turkish government and the state gas importer Botas did not immediately comment.


Russia supplied just under half of Turkey’s 59 billion cubic meters in gas imports last year. Erdogan has said Turkey’s total energy bill for 2022 could reach $100 billion, double the amount for last year.

Turkey’s economic and energy ties with Russia are growing even as Erdogan balances a careful position over Russia’s invasion of Ukraine.

Erdogan has endorsed Putin’s proposal for a new gas hub in Turkey to ship the fuel to Europe. Officials on the continent have rejected the idea, however, accusing Putin of using its energy supplies as a weapon in the Ukraine war. Russia is seeking new markets having cut off supplies to most of western Europe, once its largest buyer. Turkey has also asked Russian state company Rosatom, which is building a $20-billion nuclear power station on Turkey’s Mediterranean coast, to construct another.

Hungary has said Gazprom would allow it to delay payments for natural gas due in the next six months.
 

dBSPL

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omg it lines up with Abdulhamit's petrol map!
The areas where oil findings was discovered 120 years ago.
P: Area where oil was found in Gabar
harita-gdp.PNG
 

TheInsider

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TPAO plans to drill a total of 207 wells (production+exploration) next year.
TPAO wants to double that number in the mid-term.
TPAO plan to achieve 100k barrel per day of oil production by the end of 2023. It will cover %12.5 of Turkish needs. It is estimated that Turkiye will consume an average of 800k barrels per day in 2023.
 

Anastasius

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Turkmens offered us this in the past but Turkiye rejected it because of costs and Russia. This is a big win for everyone. For Turkmens, for the Turkish world, and for us.
That's interesting since in Azerbaijan it's generally portrayed as Turkmenistan being unwilling to cooperate. I didn't know Turkey was the objecting party.
 

TheInsider

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That's interesting since in Azerbaijan it's generally portrayed as Turkmenistan being unwilling to cooperate. I didn't know Turkiye was the objecting party.
Turkmens offered this first after independence from the USSR.

 

Deliorman

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And how exactly are they going to transport the gas when Iran and Russia will never allow a gas pipeline to go trough the Caspian sea?
 

TheInsider

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And how exactly are they going to transport the gas when Iran and Russia will never allow a gas pipeline to go trough the Caspian sea?
Lol, let's assume Iran and Russia really opposed the deal. Turkiye can build 10 gas tankers in Azerbaijan that will operate on the Caspian Sea between Turkmenistan and Azerbaijan.

BTW new gas discovery in the Sakarya gas field will be announced on Monday by Erdo.
 

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