TR Oil & Gas Exploration Update & Discussion

TheInsider

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I thought we only had 5?
4. 4 is a big fleet. Those ships are like aircraft carriers for offshore drilling.

2 ships will operate in Blacksea. 1 ship will probably do exploration in Somalia. If East Med is put on hold, we can spare one more ship for another operation.
 

Bogeyman 

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Those who are held up to the microphone about the term natural gas (trade) center, which sometimes comes to the fore on the agenda, focus solely on pipelines and gas volumes that will transit through Turkey, regardless of their titles. Let's be aware and not let us forget,
- Our Turkey is the 4th largest in Europe in terms of volume. It is one of the gas markets.
- The largest gas pipeline and LNG input, transmission, distribution and storage capacity in the region, i.e. gas infrastructure, already exists in Turkey.
- Turkey has implemented gas supply diversity planning with a strategy that should be explained in energy geopolitics textbooks and has presented a success story in this field.
- Gas production in our Sakarya field is planned to reach 15 bcm/year (1.5 bcf/d) in a short time.
- A shining energy exchange in the region, EPİAŞ, which uses local and national software, operates for gas and electricity commodities in Istanbul. Carbon will be added to this in a short time.
 

dBSPL

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Diyarbakır Bar Association filed a lawsuit for the cancellation of oil exploration activities planned in Bismil, Ergani, Çermik, Silvan, Hazro. All of these regions are high potential exploration areas with high surface finds.
 

YeşilVatan

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Diyarbakır Bar Association filed a lawsuit for the cancellation of oil exploration activities planned in Bismil, Ergani, Çermik, Silvan, Hazro. All of these regions are high potential exploration areas with high surface finds.
PKK has been known to utilize lawfare through its civilian branch. It's a shame they are allowed to do it tbh.
 

Yasar_TR

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Please make sure your posts have contents that are thread-title relevant..

Off topic and non relevant posts are deleted.
 

Sanchez

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While this in itself is not directly bad, Exxon is the same company searching oil in Blue Homeland with Greek Cypriot license.


NEW: Turkey in talks with ExxonMobil over $1.1bn LNG deal, says Turkish Energy Minister Bayraktar

• The 2.5mn tonnes of LNG under discussion would be enough to cover roughly 7% of Turkey’s natural gas consumption

• The deal could last a decade

• Aiming to curb Russian dependence
 

Heartbang

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Exxon is the same company searching oil in Blue Homeland with Greek Cypriot license.
AFAIK they haven't started any extraction work.

This might be a hedge deal to keep the US establishment at bay when the Iraq-Syria ops finally go.
Those vultures in the US congress won't be as enthusiastic to take action against us when they all got their own personal Exxon lobbyist go "No! STAHP!" in their ear simultaneously.
 

Sanchez

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Those vultures in the US congress won't be as enthusiastic to take action against us when they all got their own personal Exxon lobbyist go "No! STAHP!" in their ear simultaneously.
No, they will as they usually do. 1 billion is pocket change for those people. No lobbying group is enough when the entirety of the establishment is against you from dems to reps.
 

Heartbang

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No, they will as they usually do. 1 billion is pocket change for those people. No lobbying group is enough when the entirety of the establishment is against you from dems to reps.
It isn't the billion that'll keep them at bay. It is the fact that Turkiye is a solid customer that they have an ongoing deal with.
Lets say you run a white goods store. You just shook hands with this customer that will pay you the installments of his new fridge, in the dealer, with cash money for 12 months straight.

You don't want him to get hurt, do ya?

Same logic.

I usually don't vibe with this guy, I think he's a division-fostering intelligence monkey, but he explains it here quite succinctly.

 

Rodeo

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Natural gas production at Sakarya Gas Field has reached 4.5 million cubic meters a day and the projected daily 10 million cubic meter production will be reached in Q1, 2025 according to the minister of Energy and Natural Resources.

For comparison, in 2023, we consumed about 140 million cubic meters natural gas a day. So, right now, we produce about 3.2% of our needs and that number will increase to 7% at the beginning of 2025.

 

what

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From discovery to production in 3 years, to full capacity in total 5 if I'm not mistaken. If we want to, we really can get shit done.
 

Zafer

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From discovery to production in 3 years, to full capacity in total 5 if I'm not mistaken. If we want to, we really can get shit done.
If there is a will there is a way but it takes courage to go for it against all odds.
 
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Zafer

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Up next, Eastern Mediterranean.

Otherwise it won't mean jack.
You want to thread carefully and take it slow. It is best we make further moves after we reap the benefits of our previous finds. There are many locations that still need to be explored in the Black Sea. Four locations have already been announced for drilling in this year for petrol alone. And there are overseas locations scheduled for exploration. I would be a little more patient as the scheduled locations are easier to handle.
 

TheInsider

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The first phase of the Sakarya Gas Field project will be finished in Q1 2025 there is a slight delay even so this is nothing short of a small miracle. In the second phase, daily production will reach 40 million cubic meters.
 

No Name

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Natural gas production at Sakarya Gas Field has reached 4.5 million cubic meters a day and the projected daily 10 million cubic meter production will be reached in Q1, 2025 according to the minister of Energy and Natural Resources.

For comparison, in 2023, we consumed about 140 million cubic meters natural gas a day. So, right now, we produce about 3.2% of our needs and that number will increase to 7% at the beginning of 2025.

The first phase of the Sakarya Gas Field project will be finished in Q1 2025 there is a slight delay even so this is nothing short of a small miracle. In the second phase, daily production will reach 40 million cubic meters.
These two comments are contradictory to each other, so which one is correct?
 

TheInsider

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These two comments are contradictory to each other, so which one is correct?
It is not contradictory. The daily production will increase to 10 million cubic meters in 7 months and the first phase will be completed. It will reach 40 million cubic meters in 2029 when the second phase ends.
 

what

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Good news: Possible oil discovery in the Black Sea
Bad news: nothing economical in the Mediterranean so far

focus on Black Sea exploration and drilling for now
 

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