JKX Drills Successful Appraisal Well in Ukraine
by Rigzone Staff
|Monday, October 14, 2013
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."
WHAT DO YOU THINK?
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.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you