Oil and Gas in Turkey

Oil Statistics
Oil Production in 2007 : 2,1 million tonnes (1.4 of TPAO & 0.7 of private companies)
Oil Consumption in 2007 : 31 million tonnes
Total Proved Reserves : 979 million tonnes
Total Recoverable Reserves : 167 million tonnes
Cumulative Production : 128,5 million tonnes
Remaining Recoverable Reserves : 38,7 million tonnes
Number of Wells : 3.458 (2,227 of TPAO & 1,231 of private companies)
Exploration Licence Holders : 45 (25 of foreign & 20 of Turkish companies)
Exploration Licences : 391 (239 of private companies & 152 of TPAO)
Production Lease Holders : 10 (7 foreign and 3 Turkish companies)
Production Leases : 68 (21 of private companies and 47 of TPAO)

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Oil & Gas Fields in Turkey

 

Natural Gas Statistics
Gas Production in 2007 : 893 million m3 (68% m3 of private companies and 32% of TPAO)
Total Proved Reserves : 21.8 bcm
Total Recoverable Reserves : 16.4 bcm
Cumulative Production : 9.6 bcm
Remaining Recoverable Reserves : 6.8 bcm
Natural Gas and LNG Imports in 2007 : 30.7 bcm

Russia (% 63.7 - 19.6 bcm)

Iran (% 18.4 - 5.7 bcm)

Algeria (% 13.6 - 4.2 bcm)

Nigeria (% 4.3 - 1.2 bcm)

Sources: General Directorate of Petroleum Affairs & Turkish Petroleum Pipeline Corporation (BOTAS)

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Oil & Gas Wells in Turkey

Sectoral Links

 

Market Prices
Crude Oil (CL) 102.13
Natural Gas (NG) 4.74

Source: www.oil-price.net

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