24 Mar 1926

Petroleum Law No 792

05 Jun 1926

Iraq-Turkey Royalty Agreement

14 Oct 1927

Discovery Baba Gurgur-1 in Iraq

31 July 1928

Red Line Agreement

20 May 1933

Establishment Petrol Arama Isletmesi (PAI): Petroleum Exploration and Operating Administration, now MAPEG

13 Oct 1934

First Exploration Well drilled in Turkey (Başpırın-1)

22 Jun 1935

Establishment of MTA

01 Feb 1945

First Discovery in Turkey (Raman-8)

03 Nov 1948

End of the Red Line Agreement

1951

End of Iraq-Turkey Royalty Agreement

1954

Petroleum Law No 6326

1954

Establishment TPAO

The exploration and development of Turkey’s Petroleum Resources has had mixed success in its first 50 years (1954-2004):



*1.600.000 wells drilled in USA within the period of 1859 - 1959

History of Turkish E&P

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