Jimbolia-100 Well Reaches Target Depth

Romania-focused Zeta Petroleum announced Thursday that the Jimbolia-100 appraisal well has reached its target depth of 8,500 feet.

Spud Dec. 31, the well is located on the Jimbolia concession near the Romanian-Serbian border. It is targeting the Jimbolia Veche oil discovery, which has two hydrocarbon-bearing intervals and a current contingent resource of 1.7 million barrels.

Now that it has reached target depth, the well will be logged and a seven-inch liner will be run into the bottom section of the hole. A decision to test the well will be made on receipt of the logging results, said Zeta.

Zeta holds a 39-percent interest in the Jimbolia-100 well. The well is operated by NIS Petrol SRL, which holds a 51-percent stake.
 

 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Tower Resources Director Retires (Feb 5)
 -  Petsec Energy Acquires 100% Stake in D... (Feb 5)
 -  BG Group's Earnings Drop (Feb 5)
 -  Wood Mac: Producers Continue to Run Lo... (Feb 5)
 -  Greka Warns of Cost Base Reduction in ... (Feb 5)


Most Popular Articles

From the Career Center
Jobs that may interest you
Reservoir Engineer - Oil & Gas Sector
Expertise: Reservoir Engineering
Location: San Antonio, TX
 
Director Acquisitions & Divestitures, Houston, Texas Area
Expertise: Petroleum Engineering|Production Engineering|Reservoir Engineering
Location: Houston, TX
 
Vice President, Power & Utilities M&A
Expertise: Asset Management|Business Analyst|Commercial Management|Field Development
Location: New York, NY
 
search for more jobs

Brent Crude Oil : $34.06/BBL 1.16%
Light Crude Oil : $30.89/BBL 2.61%
Natural Gas : $2.06/MMBtu 4.56%
Updated in last 24 hours