RE:k3 vin, drillex, not4, kine; Thanks for the reasoned debate. I think 'vin' covers the points excellently. The K-3 well from 'drillex' info I presume to mean 500m horizontally ( approx ) to the SSE approx ) of K-1 and in this downdip location the gas cap will be absent ( it had better be ) and the Oligocene encountered 100m ( approx ) in vertical depth below its position at K-1 or K-2. Seems reasonable... No matter; no friggin' gas cap, oil leg well away from the fracture plumbing to it, solution gas only, very significantly extended Lowest Known Oil (LKO) and no OWC encountered will be a 'nice one' for all WZRds. It is NOT rocket science TLM.
kin; I met a very senior person at TAQA recently and debated the 'TAQA-advantage' . Number #1 - it has an Iraq-wide reputation ( not just in Kurdistan ). It can be re-stated as the 'Abu Dhabi advantage'; Arab, honest poltiical broker, very long-term and strategic perspective, ultra-credible finances, excellent technical ability, multi-faceted offering ( power, water, oil, gas, infrastructure ). They are the very best of partners and a sad loss IMO for WZR. That can be laid at the door of the KRG IMO as TAQA were the obvious candidates for the Garmian back-in rights. When those were given to the Russians then TAQA had no choice - as 'vin' said.