Max Spuds SAGW-4 Well in Kazakhstan

Kazakhstan-focused Max Petroleum reported Thursday that it has begun drilling the SAGW-4 appraisal well in the Sagiz West Field on Block E.

Using Zhanros Drilling’s ZJ-30 rig, the well will be drilled to a vertical depth of approximately 4,920 feet and is located approximately 2.5 miles south of the firm’s SAGW-3 well, which proved a success for the company in early 2012.

Max said that the results of SAGW-4 well, combined with newly-acquired 3D seismic data, will further help it evaluate the current estimate of approximately 79.8 million barrels of in-place contingent resources in the field. The firm said it will also assist in the design of an extended appraisal drilling program over the Sagiz West structure, which is expected to begin during the next several months.

 



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.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  What Should Go On Your Electrical Engi... (Jul 25)
 -  AECOM to Lead Permitting for Monkey Is... (Jul 25)
 -  LyondellBasell Plans Its Largest Inves... (Jul 21)
 -  Preparing a Mechanical Engineering Res... (Jul 19)
 -  Tesoro Signs Deal with Pemex to Enter ... (Jul 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
Floorhand
Expertise: Floorhand / Roughneck|Roustabout
Location: Grand Junction, CO
 
Remote Paramedic w/ Clerking Experience
Expertise: Paramedic / Nurse|Rig File Clerk|Safety Officer
Location: GOM, TX
 
Casing Crew Pusher
Expertise: Floorhand / Roughneck|Roustabout
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $50.2/BBL 3.29%
Light Crude Oil : $47.89/BBL 3.34%
Natural Gas : $2.94/MMBtu 1.37%
Updated in last 24 hours