JKX Drills Successful Appraisal Well in Ukraine

Eastern Europe-focused JKX Oil & Gas reported Monday that it has successfully completed and tested appraisal well Z-05 on the Zaplavskoye exploration license at Poltava, Ukraine.

JKX said that, following clean up, the well flowed at a stabilized rate of 4.6 million cubic feet of gas per day and 328 barrels of condensate per day through a 50/64-inch choke with a flowing wellhead pressure of 652 pounds per square inch. The firm added that the well is now flowing to its production facility.

JKX said appraisal well Z-05 has followed its successful exploration well Z-04, which was drilled in 2013, and a 3D seismic survey conducted earlier this year over an extension to the Zaplavskoye exploration license. Data collected from both wells will be used to help select the location for a third well in the area.

JKX Chief Executive Dr Paul Davies commented in a company statement:

"The encouraging well result supports our continuing appraisal of this part of the Zaplavskoye licence. Furthermore, the rich gas in the area provides a higher than normal propane and butane yield which enhances the overall LPG production at our Poltava facility."

 



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
 -  OMV Petrom, Hunt Oil Start Experimenta... (Dec 9)
 -  Waitsia JV Approves 2017 Development A... (Dec 9)
 -  SapuraKencana: Short-Term Industry Out... (Dec 8)
 -  Oil Flows From Otakikpo Marginal Field... (Dec 8)
 -  Plexus: More Cuts Expected (Dec 8)


Most Popular Articles

From the Career Center
Jobs that may interest you
Omron/Amphion Driller
Expertise: Derrickman|Driller|Motorman
Location: Houston, TX
 
Omron/Amphion Motorhand
Expertise: Floorhand / Roughneck|Motorman
Location: Houston, TX
 
Principal Technical Professional
Expertise: Cementing|Production Engineering
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $54.33/BBL 0.81%
Light Crude Oil : $51.5/BBL 1.29%
Natural Gas : $3.75/MMBtu 1.35%
Updated in last 24 hours