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Jubilant Spuds KPL-3E-1 Development Well in Kharsang Field

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Jubilant Energy announced that KPL-3E-1, the fifth well of the six well Phase-III-Extension development drilling campaign in the oil producing Kharsang Field, was spud June 23.

KPL-3E-1, located in the southern part of the field, is being drilled as an infill development well between KSG#55 and KSG#53 with the S-00 reservoir sand layer as primary objective and Q-00 and T-00 sand layers as secondary objectives. The well is planned to be deviated by approximately 2,512 feet to the south-west from the existing plinth of the well KSG#34 and will be drilled to a target depth of approximately 5,466 feet Measured Depth (MD) and 4,757 feet True Vertical Depth (TVD).

The fourth development well of the current campaign, KSG#68 (previously referred to as KPL-3E-2), which was spud May 17, was successfully drilled to a revised target depth of 4,954 feet MD and 4.357 feet TVD June 13.  Based on the results of wire-line log interpretation, drill cuttings and formation pressure data from the Reservoir Dynamic Tester, total 243.8 feet of net pay have been identified, out of which 96.8 feet of pay is oil bearing. The company will be testing the sands and expects to put the deepest oil-bearing sand on production soon. A further release will follow regarding the actual tested rates. The KSG#68 well will be tested with the smaller capacity work-over rig, which has been mobilized to the site.

GeoEnpro Petroleum Ltd., a joint venture between GeoPetrol and Jubilant Enpro (a member of the wider Jubilant Bhartia Group), is the operator of the Kharsang Field. Jubilant holds a 25 percent interest in block through its subsidiary, Jubilant Energy (Kharsang) Pvt. Ltd. The other members of the consortium are Oil India Ltd. and GeoPetrol.

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