Oil Search to Perform Drill Stem Test at Al Meashar

AWE reported that as at 0600 hours Yemen time on January 5, 2011 (-8 hours EDST) the Al Meashar-2 appraisal well in Block 7, Yemen, was running tools into the hole to perform a Drill Stem Test. During the week, cleanup of the well and preparations for the test were completed.

Al Meashar-2 is the first appraisal well of the Al Meashar-1 oil discovery, which was drilled in early 2010. The discovery encountered oil in the fracture basement; however oil flow rates were limited due to potential reservoir damage which was incurred while drilling.

The appraisal well was drilled from the existing Al Meashar-1 well pad and deviated parallel to the discovery well. The well is planned to be drilled using Managed Pressure Drilling, which is designed to minimize damage from drilling fluids in the reservoir.

The participants in Block 7 are:

  • ARC Energy Holdings Ltd 21.25%
  • Oil Search (ROY) Ltd (Operator) 34.00%
  • Kuwait Foreign Petroleum Exploration Co. (Aden) Ltd 21.25%
  • Yemen General Corporation for Oil and Gas 15.00%
  • Mitsui E & P Middle East B.V 8.50%
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