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
 -  TRACE Secures INPEX Deal, Creates Jobs (Jun 23)
 -  What Are the Qualifications to Become ... (Jun 23)
 -  SolstadFarstad Emerges After Company M... (Jun 22)
 -  Gas Leak at Gjoa (Jun 22)
 -  Total Energy Services Completes Savann... (Jun 21)


Most Popular Articles

From the Career Center
Jobs that may interest you
United States Lovell: Driller - Helper
Expertise: Driller
Location: Lovell, WY
 
United States Broussard: Field Engineer I - Optimization
Expertise: Field Development|Geologist
Location: Broussard, LA
 
Equipment Operator
Expertise: Cementing|Driller|Truck / HGV Driver
Location: Ohio, OH
 
search for more jobs

Brent Crude Oil : $45.54/BBL 0.70%
Light Crude Oil : $43.01/BBL 0.63%
Natural Gas : $2.929/MMBtu 1.34%
Updated in last 24 hours