Dragon Oil Concludes Initial Testing at Lam Well

Dragon Oil announced the completion and initial testing of the Dzheitune (Lam) 28/151 development well and successful commissioning of the 14-inch in-field pipeline.

The Dzheitune (Lam) 28/151 was drilled to a depth of 3,512 meters by the NIS rig and completed with dual strings. The testing of the short and long strings resulted in production rates of 1,745 barrels of oil per day ("bopd") and 911 bopd, respectively. The NIS rig will skid to the next slot and spud the Dzheitune (Lam) 28/152 well in the next few days.

The Iran Khazar is currently completing the Dzheitune (Lam) B/150 well with initial testing expected to take place within the next week.

The 14-inch in-field pipeline from the Dzheitune (Lam) B platform to the Dzheitune (Lam) 28 platform has been successfully completed and commissioned.

Dr Abdul Jaleel Al Khalifa, Chief Executive Officer, commented, "I am delighted to report the successful completion and initial testing of the Dzheitune (Lam) 28/151 development well. We anticipate the completion and testing of the Dzheitune (Lam) B/150 well shortly.

"We are pleased to have successfully commissioned the 14-inch in-field pipeline from the Dzheitune (Lam) B platform to the Dzheitune (Lam) 28 platform, increasing the throughput capacity in the Western area of the field. This significant upgrade to the infrastructure will eliminate network bottlenecks, as the newly added 14-, 18-, 20-inch in-field pipelines and the 30-inch trunkline are capable of accommodating planned increases in future production."

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