Oil & Gas

Oil Search abandons Taza appraisal well in KRG

Oil Search has completed a drilling update on two of its wells in Papua New Guinea and the Kurdistan Region of Iraq (KRG). The company said the Taza 3 ST1 oil appraisal well in KRG has been plugged and abandoned with the rig being demobilised. The forward plan is to evaluate the results of the drilling, together with the recently proposed seismic, prior to making further drilling decisions.