SAGW-4 Well in Kazakhstan Hits Oil

Kazakhstan-focused Max Petroleum reported Tuesday that results from its SAGW-4 appraisal well in the Sagiz West Field have identified 65 feet of net hydrocarbon pay over a 203-foot interval.

Max said that the pay intervals, between depths of 4,010 feet and 4,212 feet, include 52 feet of gas condensate and 13 feet of oil. In addition, the firm said, there is a further 55 feet of potential oil pay, with lower oil saturation than normally seen in productive reservoirs in the basin, that is situated above the oil-water contact at 4,212 feet.

Max added that reservoir quality is good, with porosities ranging from 15 percent to 25 percent. Production casing is being run in the well and testing of all potentially productive intervals will begin as soon as regulatory approvals are received, the firm said.

The results confirm that the Sagiz West Field extends some 2.5 miles to the south of the existing productive well at SAGW-3, according to Max, which added that a multi-well appraisal drilling program at the Sagiz West Field will resume following the integration of the results of SAGW-4 with new seismic processing that is expected to be completed later this summer.

Meanwhile, Max said that it has also completed drilling the UTS-8 appraisal well in the Uytas Field on Block A but that this had failed to find producible hydrocarbons and will now be plugged and abandoned.



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