Karakilise Lease



Karakilise block is situated within the foreland belt of SE Anatolian Basin. The SE Anatolian Basin is the most active and oil prone basin in Turkey and it is located on the northern extension of the famous oil prone of the Arabian Plate, where the geology is very similar to Northern Iraq and Syria. However, in the SE Turkey Basin, the major reservoir and sources rocks are not as many as in the Arabian Plate. The basin contains rocks from Precambrian to recent that were deposited under different environmental conditions. Mostly Cretaceous source and reservoir couplet is considered to form the main petroleum system, but Palaeozoic mainly Silurian petroleum system is also present. Late Cretaceous Mardin Group is a widespread sedimentary sequence in the southeastern Turkey where main production is made.


31 API gravity oil was discovered in Mardin Carbonates in Karakilise-1 Well, in 2003. Current daily net oil production is ~20 bbls/day from only Karakilise-1 Well. and 89,439 bbls oil were produced till dated 30 September 2016.  AME and GYP hold %50 equal WI in this concession.


Many Paleozoic and Cretaceous Prospects which are undrilled and have good potential, were defined with available data in concession area. Blocks are in development phase. 


Further studies will also be made to test the unconventional Dadas shale potential believed to be very productive in the license.