Gulf Keystone Petroleum
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Gulf Keystone Petroleum
Gulf Keystone Petroleum Limited is an independent oil and gas exploration and production company operating in the Kurdistan region of Iraq and also the operator of the Shaikan oil field. It was listed on the main market of the London Stock Exchange on September 8, 2004. Jon Harris serves as the company's chief executive officer. The company was founded by UAE, Kuwaiti and US private equity firms and has been registered in Bermuda since 2001, with branch offices in Erbil, Kurdistan and London, UK. Through its subsidiary, Gulf Keystone Petroleum International, the company owns production sharing contracts for one exploration block in Iraqi Kurdistan. History Gulf Keystone's initial operations in Algeria were rather less successful than had been hoped, and the share price weakened as a consequence.London Stock Exchange RAK Petroleum PCL announced an agreement in April 2007 to acquire Gulf Keystone Petroleum, but the transaction was not completed. The company continued as an ind ...
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Drilling
Drilling is a cutting process where a drill bit is spun to cut a hole of circular cross-section in solid materials. The drill bit is usually a rotary cutting tool, often multi-point. The bit is pressed against the work-piece and rotated at rates from hundreds to thousands of revolutions per minute. This forces the cutting edge against the work-piece, cutting off chips (swarf) from the hole as it is drilled. In rock drilling, the hole is usually not made through a circular cutting motion, though the bit is usually rotated. Instead, the hole is usually made by hammering a drill bit into the hole with quickly repeated short movements. The hammering action can be performed from outside the hole ( top-hammer drill) or within the hole ( down-the-hole drill, DTH). Drills used for horizontal drilling are called drifter drills. In rare cases, specially-shaped bits are used to cut holes of non-circular cross-section; a square cross-section is possible. Process Drilled holes ar ...
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ExxonMobil
ExxonMobil Corporation (commonly shortened to Exxon) is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999, by the merger of Exxon and Mobil, both of which are used as retail brands, alongside Esso, for fueling stations and downstream products today. The company is vertically integrated across the entire oil and gas industry, and within it is also a chemicals division which produces plastic, synthetic rubber, and other chemical products. ExxonMobil is incorporated in New Jersey. ExxonMobil's earliest corporate ancestor was Vacuum Oil Company, though Standard Oil is its largest ancestor prior to its breakup. The entity today known as ExxonMobil grew out of the Standard Oil Company of New Jersey (or Jersey Standard for short), the corporate entity which effectively controlled all of Standard Oil prior to its breakup. Jersey Standard gr ...
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United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the European mainland, continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many List of islands of the United Kingdom, smaller islands within the British Isles. Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between ...
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DNO ASA
DNO ASA ( OSE: DNO) is a Norwegian oil and gas operator focused on the Middle East and the North Sea. Founded in 1971 and listed on the Oslo Stock Exchange, the Company holds stakes in onshore and offshore licenses at various stages of exploration, development and production in the Kurdistan region of Iraq, Norway, the United Kingdom and Yemen. About DNO DNO is Norway's oldest oil company and the first to list on the Oslo Stock Exchange in 1981. During the last two decades the company's focus has shifted from the North Sea to the Middle East region. In 2004, DNO was the first international oil company to enter the Kurdistan region of Iraq, at a time when the Kurdish region's oil industry was virtually non-existent. The company began production from its flagship Tawke oil field in Kurdistan in 2007 – just two years after the start of exploration activities. The neighboring Peshkabir field was brought on production in 2018. DNO is now the leading international operator in Kurd ...
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Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and the archipelago of Svalbard also form part of Norway. Bouvet Island, located in the Subantarctic, is a dependency of Norway; it also lays claims to the Antarctic territories of Peter I Island and Queen Maud Land. The capital and largest city in Norway is Oslo. Norway has a total area of and had a population of 5,425,270 in January 2022. The country shares a long eastern border with Sweden at a length of . It is bordered by Finland and Russia to the northeast and the Skagerrak strait to the south, on the other side of which are Denmark and the United Kingdom. Norway has an extensive coastline, facing the North Atlantic Ocean and the Barents Sea. The maritime influence dominates Norway's climate, with mild lowland temperatures on the sea co ...
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Faysh Khabur
Faysh Khabur ( ar, فيشخابور, ku, پێشابوور, translit=Pêşabûr Syriac: ܦܝܫ ܚܒܘܪ) is a town on the northwestern edge of the Kurdistan Region in the Zakho District of Duhok Governorate of Iraq. It is named after the Khabur River on which the town is built, and lies on the confluence of the Tigris and Khabur river. The town is in a very strategic location, as it lies just 4 km south from the Semalka Border Crossing with Syria as well as being close to the border with Turkey. The town is populated by Assyrians and Yazidis. History The town has been connected with the Sasanian city "Peroz-Shapur", and the modern name is thought to be influenced by the Persian one. The first mention of the settlement is attested as far as the 4th century AD, when it was recognized as a Christian village. Its Assyrian population joined the Chaldean Catholic Church in the 1830s. During the Assyrian genocide, the town was attacked by Kurdish irregulars allied with the ...
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Kurdistan Regional Government
The Kurdistan Regional Government (KRG) ( ku, حکوومەتی هەرێمی کوردستان, ''Hikûmetî Herêmî Kurdistan'') is the official executive body of the autonomous Kurdistan Region of northern Iraq. The cabinet is selected by the majority party or list who also select the prime minister of the Iraqi Kurdish polity. The president is directly elected by the electorate of the region and is the head of the cabinet and chief of state who delegates executive powers to the cabinet. The prime minister is traditionally the head of the legislative body but also shares executive powers with the president. The President of Kurdistan Region is also the commander-in-chief of the Peshmerga Armed Forces. 2014 From mid-2013 to mid-2014, the KRG "built up their own defenses by creating a security belt stretching more than 1,000 km (600 miles) from the Iranian border all the way to Syria – skirting around Mosul, a city of 2 million people they appear dto have no intention of ...
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Triassic
The Triassic ( ) is a geologic period and system (stratigraphy), system which spans 50.6 million years from the end of the Permian Period 251.902 million years ago (Year#Abbreviations yr and ya, Mya), to the beginning of the Jurassic Period 201.36 Mya. The Triassic is the first and shortest period of the Mesozoic, Mesozoic Era. Both the start and end of the period are marked by major extinction events. The Triassic Period is subdivided into three epochs: Early Triassic, Middle Triassic and Late Triassic. The Triassic began in the wake of the Permian–Triassic extinction event, which left the Earth's biosphere impoverished; it was well into the middle of the Triassic before life recovered its former diversity. Three categories of organisms can be distinguished in the Triassic record: survivors from the extinction event, new groups that flourished briefly, and other new groups that went on to dominate the Mesozoic Era. Reptiles, especially archosaurs, were the chief terrestrial vert ...
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Cretaceous
The Cretaceous ( ) is a geological period that lasted from about 145 to 66 million years ago (Mya). It is the third and final period of the Mesozoic Era, as well as the longest. At around 79 million years, it is the longest geological period of the entire Phanerozoic. The name is derived from the Latin ''creta'', "chalk", which is abundant in the latter half of the period. It is usually abbreviated K, for its German translation ''Kreide''. The Cretaceous was a period with a relatively warm climate, resulting in high eustatic sea levels that created numerous shallow inland seas. These oceans and seas were populated with now- extinct marine reptiles, ammonites, and rudists, while dinosaurs continued to dominate on land. The world was ice free, and forests extended to the poles. During this time, new groups of mammals and birds appeared. During the Early Cretaceous, flowering plants appeared and began to rapidly diversify, becoming the dominant group of plants across the Ear ...
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Limestone
Limestone ( calcium carbonate ) is a type of carbonate sedimentary rock which is the main source of the material lime. It is composed mostly of the minerals calcite and aragonite, which are different crystal forms of . Limestone forms when these minerals precipitate out of water containing dissolved calcium. This can take place through both biological and nonbiological processes, though biological processes, such as the accumulation of corals and shells in the sea, have likely been more important for the last 540 million years. Limestone often contains fossils which provide scientists with information on ancient environments and on the evolution of life. About 20% to 25% of sedimentary rock is carbonate rock, and most of this is limestone. The remaining carbonate rock is mostly dolomite, a closely related rock, which contains a high percentage of the mineral dolomite, . ''Magnesian limestone'' is an obsolete and poorly-defined term used variously for dolomite, for limes ...
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Oil In Place
Oil in place (OIP) (not to be confused with original oil-in-place (OOIP)) is a specialist term in petroleum geology that refers to the total oil content of an oil reservoir. As this quantity cannot be measured directly, it has to be estimated from other parameters measured prior to drilling or after production has begun. Prior to oil production from a new reservoir, ''volumetric'' methods are used to estimate oil-in-place. A series of test drills are used to map the rock conditions at and around the drilling site and to estimate the size of the oil-bearing rock field. The oil in place is calculated as the product of the volume of porous oil-bearing rock, the porosity of the rock, and its saturation. Correction factors have to be applied for the difference between the volume of the same mass of oil in the reservoir to its volume when brought to the surface, which is caused by the different physical conditions (temperature, pressure) there. Oil-in-place is also known as stock t ...
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