Turkey Makes Huge 1-Billion-Barrel Oil Discovery ...Middle East

Economy by : (OILPRICE) -
Turkish Petroleum (TPAO) has made the largest crude oil discovery onshore Turkey with a find estimated to hold 1 billion barrels of crude, the Turkish company said. The discovery was made in the southeastern province of Sirnak, which borders the semi-autonomous Kurdistan Region in Iraq and Syria. Turkish Petroleum has drilled an exploration well and has encountered more than 162 meters of light oil-bearing reservoir with API gravity of 41. The well already produces around 10,000 barrels of oil per day, TPAO said. TPAO plans to drill back-to-back…

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