Turkish President Recep Tayyip Erdogan has announced the discovery of oil in two new fields, Gaziler and Cardakli, in the Gabar region of Sirnak, with an estimated in-place potential of 135 million barrels.

Axar.az reports, citing Haberler, that speaking after a Cabinet meeting, Erdogan said production at both fields had started in October.

He also said that 184 wells in Gabar were currently producing a total of 84,000 barrels of oil per day, describing the region as a major centre of Turkiye's oil industry.

According to Erdogan, daily production in Gabar is expected to increase by 30 percent, exceeding 100,000 barrels in the second half of 2027, when the number of wells is projected to reach approximately 230.

He added that daily production of 120,000 barrels would have an estimated annual economic value of $4.4 billion for Turkiye.

Erdogan also highlighted the country's natural gas production in the Black Sea, saying it currently meets the needs of 4 million households. With the Osman Gazi floating production platform, production is expected to double, supplying gas to 8 million households.