TR Oil & Gas Exploration Update & Discussion

TheInsider

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Turkiye is also considering an independent refinery investment to refine recently discovered oil reserves. It is said that the capacity will be 200k barrels.
 

dBSPL

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If a confidentiality decision is taken this week, we may not get the good news
Akseki 1 has an 85% chance of discovery.
Our drillship will continue drilling 20 kilometers WEST of this well within the white dot Seville map according to the planning, the announcement can be made then.
October 29th?

 

TheInsider

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TPAO will drill 2 exploration wells on land near Antalya/Kumluca and Antalya/Demre. Those wells are related to the current ongoing offshore drill. It is done to see whether geological formations that show promise for hydrocarbons continue on land.

antalya.jpg
 

dBSPL

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TPAO will drill 2 exploration wells on land near Antalya/Kumluca and Antalya/Demre. Those wells are related to the current ongoing offshore drill. It is done to see whether geological formations that show promise for hydrocarbons continue on land.

View attachment 61995
Kemer and Kumluca are regions where Russians have been showing great interest for many years. Especially Kemer has changed tremendously in the last 20 years, almost like a Slavic holiday village. When I saw this map above, I wanted to give it as a footnote.
 

Bogeyman 

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TPAO was granted an oil exploration license for 8 years for 4 fields located in the Exclusive Economic Zone or continental shelf within the maritime jurisdiction areas determined by bilateral delimitation agreements in the Black Sea.
 

Quasar

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Türkiye bought a giant oil platform from Brazil

TPAO, purchased a giant platform ship the size of 4 football fields to process the gas in the middle of the sea.

F_ZuK_mW0AAf8y1



Following the production of 10 million cubic meters within the scope of Phase-1, production with this platform will increase to 20 million cubic meters within the scope of Phase-2. According to Sabah's news, the ship, which was purchased from Brazil and is in Singapore to modernize its equipment, will be brought to Turkey in June 2025.

https://x.com/ogzhn_uyg/status/1726688644562309328?s=20
 

Oublious

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Türkiye bought a giant oil platform from Brazil

TPAO, purchased a giant platform ship the size of 4 football fields to process the gas in the middle of the sea.

F_ZuK_mW0AAf8y1



Following the production of 10 million cubic meters within the scope of Phase-1, production with this platform will increase to 20 million cubic meters within the scope of Phase-2. According to Sabah's news, the ship, which was purchased from Brazil and is in Singapore to modernize its equipment, will be brought to Turkey in June 2025.

https://x.com/ogzhn_uyg/status/1726688644562309328?s=20


So this means we have found something really really big...
 

Zafer

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Such a platform is also suitable to make space launch of rockets but only after it is retired.
 

TheInsider

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Processing the gas is the current bottleneck of the Blacksea gas project. Current land facilities are enough for 10 million cubic meters per day. TPAO is drilling wells fast and soon TPAO will reach 10 million per day. We need to quadruple processing capacity but it will take time. This ship will immediately add another 10 million cubic meters per day. TPAO can also move this to another spot, for example, eastern med, when the gas processing facility on the land reaches 40 million cubic meters per day.
 

Saithan

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These vessels are not cheap per day. Back in 2008 drilling rigs and platforms cost around 200k USD per day, I can’t imagine how much this costs. If it’s a strategic choice to help establish Türkiye as a gas exporting nation then I can understand undertaking this cost.

But I am thinking could this platform be used as cover for e.g. Exporting Russian gas. Just think about it.
 

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