The well will be drilled in Petroleum Exploration Licence AR/AOI/3648, which forms part of "Area A" of the Thrace Joint Venture and is located roughly 120km west of Istanbul in Turkey's onshore Thrace Basin.
The Adatepe structure is a faulted anticlinal closure located on a northwest-southeast trending fault bound horst in an area coincident with strong amplitudes on the 3D seismic data.
The closest wells to Adatepe-3 are Adatepe-1, 2 and 3, Gocerler-3, 4 and 5 and Bahcedere-1. Gocerler-3 achieved a record gas flow for Turkey (32mmcfd).
Adatepe-3 will test the hydrocarbon and reservoir potential of the Danismen sands to appraise the production potential and extent of the Adatepe Field. The well is interpreted to have the same structure elevation as Adatepe-1 at the key gas sand horizon.
Hydrocarbons exist in the upper portion of the Danismen Formation and based on results of Adatepe-1, the shallowest of these potential secondary targets is at 868m.
