Oil Search Limited carried out planned blowout preventer (BOP) tests at the Taza-2 well in Kurdistan Region of Iraq (KRI)
The tests ensured stabilisation of the hole and helped treat mud losses that were encountered last week, the company said.
Once the oil well has been declared stable by relevant authorities, the hole would be enlarged giving way for a more comprehensive testing programme, officials from Oil Search Limited added.
The Papua New Guinea-based oil company has already reached a total depth of 4,200 metres through a 6.12-inch hole.
The Taza-2 well is located 10km northwest of Taza-1 and is designed to appraise hydrocarbon-bearing intervals encountered by Taza-1 like the Jeribe and Euphrates formations. It would also explore deeper tertiary and cretaceous targets including the Shiranish formations.
Total E&P KRI, Kurdistan Regional Government (KRG) and Oil Search Limited are operating on the Taza-2 block.
