Oryx Petroleum has a 65% participating and working interest in, and is the operator of, the Hawler license area.
The Hawler license area has four discoveries on four structures which are estimated by Netherland, Sewell & Associates, Inc. (“NSAI”) as of December 31, 2016 to contain a total of 202 MMbbl of gross (working interest) proved plus probable oil reserves in a report dated February 22, 2017.
In 2014, wells were spudded and tested to appraise the reservoirs, commence production (June 2014) and increase wellhead production capacity. A 3D seismic data acquisition campaign covering a portion of the license area was also completed in 2014 to provide additional information to further refine development plans.
In 2015, Oryx Petroleum continued its appraisal drilling at Demir Dagh and commissioned the Hawler production facilities at Demir Dagh with initial gross (100%) oil production capacity of 40,000 bbl/d. These facilities replaced the 20,000 bbl/d temporary production facilities put in place in 2014.
In 2016, Oryx Petroleum commenced oil sales via pipeline (March) from the Hawler license and commenced production from the Zey Gawra field (December).
In Q4 2016 gross (100%) production from the Hawler license area averaged 3,100 bbl/d.
Planned drilling activity at the Hawler license area in 2017 includes a sidetrack well and three new wells at the Zey Gawra field and a re-completion of an existing well at the Demir Dagh field.