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Now, that the fever of #Turkey's gas finding has cooled off (or not?), time for a (long) THREAD on challenges and implications #OOTT #ONGT

➡️ The gas is in ULTRA-deep waters: mark this term, it bears important outcomes

Tuna-1 well is located in 2115 meters water depth 1/
and the gas reserves were hit 1400 meters further, at nearly 3500 m water depth.
Total depth of drillings is expected to reach 4525 m where two more layers of gas are likely to be found (accord' to Fatih Donmez)

*Currently 500 m is considered the threshold for "deep waters" 2/
Depths over 1500 meters are considered "ultradeep waters"

👉Feature 1> in comparison with onshore projects, the offshore ones are considerable more expensive & involve long term deployments

👉Feature 2 > ultradeep projects are even more challenging
Since 1996, the oil & gas 3/
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