Marathon Oil finds oil, gas in Kurdistan

Oct 31, 2013 12:00 AM

Marathon Oil Corporation has discovered oil and gas in Harir Block in the Kurdistan Region of Iraq.

Mirawa-1 well flowed at rates totaling approximately 72 million cubic feet per day (mmcfd), together with associated condensate from one zone at a rate of 1,700 bpd.

"The Mirawa oil and natural gas discovery well found significant resources in both the Jurassic and Triassic reservoirs. We look forward to further appraising this discovery and drilling our next Harir Block prospect, Jisik," said Marathon Oil president and CEO Lee Tillman.

According to a company statement, following completion of current operations, the drilling rig will be moved to the Jisik-1 prospect located nine miles northwest of Mirawa-1.

The Jisik-1 well will test a similar prospective structure to Mirawa.

Marathon Oil is the operator with a 45 percent working interest in the Harir block.

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