Chevron revives Kurdistan drilling

Chevron will resume drilling operations at the Sarta block in the Kurdistan Region of Iraq.

The US company said in a statement on Tuesday that it would return staff to their posts in the region and re-launch operations “in the near future.”

The company announced in October that it had temporarily suspended operations in the Kurdistan Region.

In September 2017, sources told Reuters the company had drilled its first well in the Kurdistan Region since H2 2015. The well was drilled in the Sarta block, where the company holds an 80% interest. A company spokesperson confirmed activity was continuing in the Kurdistan Region at the time.

Chevron has been working in Iraq for more than a decade. In 2012, the US major acquired 80% operating interests in two PSCs in the Rovi and Sarta blocks of the Kurdistan Region. In 2013, the KRG awarded Chevron the Qara Dagh block, also with an 80% operating interest.