British company announces successful drilling in Kazakh hydrocarbon wells

By: Aynur Jafarova

British Tethys Petroleum Limited (Tethys), the oil and gas exploration and production company focused on Central Asia and the Caspian region, has announced successful drilling results in the Well AKK19, the third shallow gas exploration well of its 2014 program.

Analysis of data from the well indicated that it has a pay zone twice as thick as the AKK15 well which tested gas at a stable rate of approximately 195,000 cubic meters of gas per day, and the AKK19 well is expected to test significantly better than anticipated rate.

The AKK19 well was drilled to a depth of 800 meters, some 5 kilometers south-east of AKK15 and encountered an 8-meter interval of gas bearing Tasaran sand with an average porosity of 30 percent.

This compares favorably to the AKK15 well which encountered a 4-meter gas-bearing interval of similar quality, and which will be tied in as part of this year’s program.

The AKK19 well will now be cased and prepared for production testing later in the year in conjunction with the AKK17 and AKK18 wells in order to be cost effective with resources.

The current shallow gas program includes the drilling of up to 10 new exploration wells, based on the latest seismic data, as well as workovers and tie-ins, and is targeting a three -fold increase in gas production by the beginning of 2015.

This highly prolific oil and gas area is rapidly developing and Tethys believes that an appropriate ground exists in both exploration and in discovered deposits.

Max Petroleum announces successful drilling results in East Kyzylzhar I field

Max Petroleum Plc, a British oil and gas exploration and production company, has announced successful drilling results in appraisal well in the East Kyzylzhar I field.

“The KZIE-5 appraisal well has reached a vertical depth of 1,295 meters with electric logs indicating seven meters of net oil pay in two Jurassic reservoirs. Reservoir quality is excellent with porosities ranging from 18 to 35 percent.

Max Petroleum is setting production casing in the well and will begin testing KZIE-5 as soon as practicable.

The Zhanros ZJ-30 rig will next move to drill the KZIE-4 appraisal well.

Max Petroleum is an independent oil and gas exploration and production company focused on Kazakhstan. The company holds a 100 percent interest in the Blocks A and E license area covering over 12,455 square kilometers in the highly prolific Pre-Caspian Basin in Western Kazakhstan.

Since September 2006, Max Petroleum has drilled 76 wells in its Blocks A and E license area, including 26 exploration wells generating eight commercial discoveries at the Zhana Makat, Borkyldakty, Uytas, Asanketken, East Kyzylzhar I, Sagiz West, Baichonas West and Eskene North fields.

SOURCE: AZER NEWS