CHINA ENERGY VENTURES AWARDS DRILLING CONTRACT FOR WESTERN KAZAKHSTAN WELL

CHINA ENERGY VENTURES AWARDS DRILLING
CONTRACT FOR WESTERN KAZAKHSTAN WELL

24.08.2004 [13:45]
Print
A⁺ A^-

China Energy Ventures Corp., announced that its subsidiary, KoZhaN LLP, has awarded a turn-key drilling contract to Precaspiburneft-Kazakhstan LLP, to drill one well , followed by two optional wells in its Morskoe field, located on the eastern shore of the Caspian Sea in western Kazakhstan. Well #10, the proposed infill location, will be drilled to a depth of 1300m, off-setting an existing capped oil well (Well #6) which was drilled in 1965. This well will be drilled 200m from the Well #6 surface location in what is believed to be an updip position.

Well #6 encountered two oil-bearing (25 degreesAPI) sandstone formations; the Albian and the Aptian. The Albian formation flowed on test at a rate of 912 bopd on a 9mm choke with no water production, and at a gas/oil ratio of 125 scf/stb for a period of three days. The initial bottom-hole reservoir pressure of 1860 psia was achieved after five days of shut-in following the test, suggesting no depletion.

The Aptian formation flowed oil on test at a rate of 295 bopd on a 9mm choke with no water production and a gas/oil ratio 158 scf/stb for a period of three days. The initial bottom-hole reservoir pressure of 2432 psia was achieved after 20 days of shut-in, indicating no depletion.

CHINA ENERGY VENTURES AWARDS DRILLING CONTRACT FOR WESTERN KAZAKHSTAN WELL

FEEDBACK

Other news in this section

CHINA ENERGY VENTURES AWARDS DRILLING
CONTRACT FOR WESTERN KAZAKHSTAN WELL