Roxi Petroleum: Well 143 'Flowing Strongly'

Kazakhstan-focused oil and gas company Roxi Petroleum plc announced Wednesday that well 143, located within the BNG asset, is currently “flowing strongly” after encountering oil shows late last year.

Roxi reported that the average daily flow rates from the well comprised 520 barrels of oil per day with a 3mm choke, 675 bopd with a 5mm choke and 815 bopd with a 7mm choke. The improved flow rates are a result of the perforation of five additional intervals at the well, which was spud April 1, 2013 and drilled to a total depth of 9,022 feet.

The company also revealed that progress has been made at the A5 and 801 Deep Wells, both of which had encountered blockages last year, and that Deep Well A6 remains on target to reach total depth at the end of February 2016.

Clive Carver, Roxi Petroleum chairman, commented in a company statement:

"We are naturally pleased with the significant improvement in flow rates at Well 143 following the perforation of the new intervals.  As previously noted we have high hopes for this well and the structure on which it sits."

"We remain encouraged by the progress at the deeper wells and look forward to a time when we can update the market with uninterrupted flow rates."



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
 -  Baron Oil, SundaGas Form JV to Explore... (Sep 26)
 -  Aminex Secures Rig to Drill Ntorya-2 W... (Sep 26)
 -  Aker Solutions Lets Employees Buy Comp... (Sep 26)
 -  Lamprell Secures Services Contract wit... (Sep 26)
 -  Swire Oilfield Services Appoints New C... (Sep 26)


Most Popular Articles

From the Career Center
Jobs that may interest you
CDL DRIVER - Make over $70,000 per year!
Expertise: Floorhand / Roughneck
Location: Oklahoma, OK
 
United States Elmendorf: Entry Level Operator Assistant I - Frac/Acid
Expertise: Production Operator
Location: Elmendorf, TX
 
Floorhand
Expertise: Floorhand / Roughneck
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $47.35/BBL 3.18%
Light Crude Oil : $45.93/BBL 3.25%
Natural Gas : $2.99/MMBtu 1.01%
Updated in last 24 hours