TPAO, Turkiye’s sole national oil company, has undertaken a number of oil and natural gas exploration projects both onshore and offshore, especially in the Black Sea in recent years as part of its mission to develop domestic and international resources and meet the continuously increasing demand for oil and gas in Türkiye.
In the last 10 years, 90 % of geological survey, 84 % of geophysical survey and 59 % of the drilled wells, 71 % of oil production and 56 % of natural gas production in Türkiye were realized by TPAO.
The natural gas discovery realized in the Western Black Sea in 2004, the extensive seismic program carried out in the Black Sea in 2004-2011 years, made oil companies focus on the Black Sea. Natural gas production was initiated in Akçakoca- Çayağzı Natural Gas Process Facilities in May 2007.
In particular, ultra deep water drillings of Sinop-1 and Yassıhöyük-1 wells at the Black Sea in 2010 with “Leiv Eiriksson”, one of the biggest platforms in the world were completed and also, offshore drilling of Sürmene-1 well was completed as of 1Q of 2011. Our short term goal, in the light of data obtained from 3 wells drilled, is to reveal the hydrocarbon potential in the ultra deep waters of Black Sea and to open it to the use of Turkish economy.
These huge investments realized in the Black Sea will play a strategic role. TPAO's short term objective is to realize the contribution of the Black Sea’s hydrocarbon potential to our country’s as well as the world’s economy. In the same manner, it is a great contentment for us to witness promising results from our exploration investments in the Aegean Sea and the Mediterranean.
In addition to these activities in offshore fields, in order to maintain oil and gas production from “Unconventional Reservoirs”, TPAO and Transatlantic/TEMI companies signed a “Memorandum of Understanding (MOU)” on April 9th 2010. Within the scope of this MOU, TPAO continued its operations in Kepirtepe-1 in Thrace and the studies are underway. This partnership will be the first in our country for producing oil and natural gas by new methods will highly contribute to our country’s hydrocarbon demand.
In the recent years, intensive exploration activities are being carried out at onshore fields in Thrace, Central and South East Regions in addition to the activities performed at offshore areas. Considering the succesful drilling of the world’s 46th deepest well with a vertical depth of 7,216 m, TPAO was the 12th company among the leading companies of the world that can perform successful drillings in ultra deep waters by drilling of Yassıhöyük-1 well.
In addition to these extensive activities and developments, TPAO achieved a first with the commissioning of Silivri Underground Natural Gas Storage Facilities with 2,6 bcm capacity in April 2007. TPAO’s efforts continue to increase the existing capacity of these facilities in the near future.
As the sole National Oil Company of Turkiye, TPAO is at the important position to create added value chains in Ceyhan which is expected to be one of the World’s Energy Center due to its experience over a half century in oil industry, its international experiences and being shareholders in the world wide pipeline projects such as Baku-Tbilisi-Ceyhan (BTC) Crude Oil Pipeline and South Caucasus Natural Gas Pipeline (SCP).