Cub Energy begins Yolduzu-1 well drilling in Turkey

Oil and gas company Cub Energy has commenced drilling operations at Yolduzu-1 (Y-1) exploration well in Besni license, Southeast Turkey.

With a planned total depth (TD) of 1,325m, the company expects the well to take about 25 days to reach TD.

The main goal of the Y-1 well is to test the Cretaceous Mardin group in the Anatolian Basin of southeast Turkey.

The company has the right to earn a 50% working interest in Y-1. Located 20km to the southwest of the Sambayat Oilfield, the Y-1 well is said to be the first well for the company to drill with its joint-venture partner Calik Petrol in Turkey.

Sambayat, which was discovered by Turkish Petroleum in 2008, produces from the Cretaceous Mardin Group with some of the wells being reported to have had initial production rates of more than 500 barrels of oil daily.