Report summaryThe Kastel oil field was discovered by a Turkish Petroleum (TPAO) - N.V. Turkse Shell Joint Venture in 1990. The field lies 25 kilometres south of the main South East Turkey oil play and produces a light, sweet crude. In 1995, Perenco, a private French company, acquired N.V. Turkse Shell and all its interests when the Shell Group divested its Turkish upstream business.A development well is being drilled on the Kastel field during 2014. The operator has also acquired 3D seismic over the ...
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