Tethys Oil Begins 3-Well Drilling Program in Lithuania
Tethys Oil announced Tuesday that a three well drilling program on the Raseiniai license, onshore Lithuania, has commenced.
The three wells are scheduled to be drilled back to back and target Silurian reefs mapped by a 30 square mile 3D seismic study, which was completed in 2014. The first well, Bedugnis-1, will be drilled vertically to a total depth of 3,608 feet in an operation which is expected to last approximately 45 days.
Tethys holds a 30 percent indirect interest in the Raseiniai license, which covers 592 square miles onshore Lithuania. In 2013, the Lapgiriai-1 exploration well in the Raseiniai license confirmed the presence of oil in the Silurian limestone formation and small amounts of oil were produced to surface.
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.
- Tethys Oil AB Agrees New Boundaries for Block 3 Onshore Oman (Nov 21)
- Tethys Increases Oil Production in Oman (Sep 19)
- Tethys Oil Maintains High Production Rate in 2016 (Aug 03)