LGO Energy Encounters Recoverable Hydrocarbons at Trinidad Well

LGO Energy announced Monday that the last of its planned 2015 development wells, located at the Goudron field in Trinidad, has encountered recoverable hydrocarbons.

Electric log interpretation from well GY-678, which reached its target depth of 4,219 feet on September 5, 2015, confirmed a net hydrocarbon pay in the c-sand main target totalling almost 480 feet. The well was spud on August 13, 2015.

Neil Ritson, LGO's chief executive, commented in a company statement:

"Well GY-678, the seventh c-sand well this year, was targeting an area of anticipated thicker sandstone development and has successfully located a similar section to GY-670, which was drilled and completed late in 2014 and has subsequently produced over 105,000 barrels oil to date.  This new well has found that same thick sand package and will now be completed for production."



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.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  Scottish Government Reveals New Subsea... (Jan 20)
 -  SOFF Secures Services Contract for Jan... (Jan 20)
 -  NPD Grants Lundin Permit for Appraisal... (Jan 20)
 -  Lion: AMT-1 Well Abandoned After Stuck... (Jan 20)
 -  CNOOC to Drill 126 Exploration Wells i... (Jan 19)


Most Popular Articles

From the Career Center
Jobs that may interest you
U.S. Zanesville: Sr Field Engineer - Directional Drilling
Expertise: Directional Driller
Location: Zanesville, OH
 
United States Conroe: Entry Level Drill Bit Fabricator
Expertise: Driller
Location: Conroe, TX
 
United States Conroe: Entry Level Drill Bit Fabricator
Expertise: Driller
Location: Conroe, TX
 
search for more jobs

Brent Crude Oil : $54.16/BBL 0.44%
Light Crude Oil : $51.37/BBL 0.56%
Natural Gas : $3.37/MMBtu 2.12%
Updated in last 24 hours