Finance & Investing
News Services
Newsletters
Get free industry updates via email.
Daily News
Weekly News
Equipment Updates
Weekly Job Register
Monthly Event Guide
Our privacy
pledge.


advertisement

Max Petroleum Finds Oil, Gas with SAGW-7 Well

change text size

Kazakhstan-focused Max Petroleum reported Wednesday its SAGW-7 appraisal well on the country's Sagiz West field has proved successful, finding oil and gas pay in four reservoirs.

The SAGW-7 well reached a depth of 4,720 feet with electric logs indicating 62 feet of net oil pay in three upper reservoirs and 16 feet of net gas pay in one lower reservoir. Max said that reservoir quality is "excellent" with porosities ranging from 15 percent to 27 percent.

The company is currently setting production casing in the well and will begin testing SAGW-7 soon. Meanwhile, the Zhanros ZJ-30 rig will now move to drill the KZIE-5 appraisal well in the East Kyzylzhar I field.

Max also reported that it has appointed a new chief operating officer, along with other management changes. Kenneth Hopkins takes over as COO, after having served as the general director of the company's operations in Kazakhstan since May 2013.

Hopkins is a 21-year resident of Kazakhstan who has held senior management positions with several companies, including Oryx Energy, Orient Petroleum, Aral Petroleum Capital and International Petroleum Limited.

 

 



A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

WHAT DO YOU THINK?

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

More from this Author
Jon Mainwaring
European Editor | Rigzone.com
 -  Aviation Logistics: ExxonMobil's PNG A... (Aug 29)
 -  Enegi Mulls Newfoundland Divestment, I... (Aug 29)
 -  Germany's Energy Transition Dream at R... (Aug 27)
 -  GE Launches New Xmas Tree to Meet Deep... (Aug 27)
 -  Wood Mac: 10B Barrels of Undeveloped R... (Aug 26)
Most Popular Articles
From the Career Center
Jobs that may interest you
Exploration Manager
Expertise: Geologist, Geophysicist, Geoscientist
Location: Houston, TX
 
New Ventures Geologist
Expertise: Geologist, Geophysicist, Geoscientist
Location: Houston, TX
 
Senior Geophysicist - Rock Physics Specialist
Expertise: Geophysicist, Geoscientist, Petrophysicist
Location: Houston, TX
 
search for more jobs