Türkiye’s Black Sea recoverable gas reserves up by 58bcm

Türkiye added its most recent find of 58 billion cubic meters on Tuesday, boosting the volume of recoverable gas reserves in a field off the Black Sea coast, Anadolu Agency reports.

Energy and Natural Resources Minister Fatih Donmez announced that the nation’s drill ship Fatih had begun drilling operations in the Caycuma-1 well on October 29 during a news briefing on the fresh natural gas deposits identified in the offshore Sakarya field.

After working there for two months, the teams made a significant discovery. Donmez stated that based on this finding, recoverable reserves (in the Caycuma-1 well) were estimated to be 58 billion cubic meters (bcm), adding that the well is situated to the northwest of the Sakarya gas field.

The Tuna-1 well, which has 405 bcm and was the greatest offshore find in 2020, was where Türkiye originally declared its first natural gas finding in the Black Sea. In the Amasra-1 well, which has 135 bcm in reserves, it made another find in 2021.

Following the nation’s completion of drilling operations in 13 wells and 3D modeling of the Sakarya gas field, Ankara has been collaborating with DeGolyer and MacNaughton, a top independent consulting firm specializing in the petroleum industry, on the re-evaluation of the Black Sea reserves, according to Donmez.

With the recent finding in Caycuma-1, the overall quantity of recoverable gas reserves in the Sakarya Field has been estimated to be 710 bcm, according to Donmez, who added that the reserves in the field were scaled up from 540 bcm to 652 bcm after these new assessment operations.

“Our teams are working at full speed in accordance with the (latest) business plan. In the 100th year of our republic, we hope to bring this gas (to our citizens). Hopefully, we will have supplied the first of the gas to the system towards the end of March,” Donmez said.

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