PTT Discovers 'Petroleum-Bearing Formations' in Algeria Project

Algeria, Africa
(Click to Enlarge)

PTT Exploration reported that MOM-3 exploration well at Blocks 433a & 416b, a part of the Algeria project, spudded on September 19, 2007 and was drilled to a total depth of 3,872 meters and encountered two zones of petroleum-bearing formation with a total thickness of 30 meters. The flow rate testings (Drill Stem Test DST) were conducted on two zones, indicating average oil flow rate of 800 barrel per day (API = 48 degree) and natural gas flow rates of approximately 1 million standard cubic feet per day (MMSCFD). The project will expedite the petroleum potential evaluation in MOM prospects in order to enhance additional oil production in the future.

HBRO-1 exploration well at Blocks 433a & 416b, spudded on October 14, 2007 was drilled to a total depth of 4,021 meters. It was found that there is less hydrocarbon potential at HBRO-1 for commerciality from the wire line logging evidence. In view of the above results, additional oil flow tests were not conducted. The well was plugged and abandoned.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Senior Geotechnical Engineer
Expertise: Geoscience Technician|Geotechnical Engineer
Location: Bothell, WA
Environmental Geologist
Expertise: Chemical Engineering|Geologist
Location: Tacoma, WA
Entry Level Hydrogeologist
Expertise: Chemical Engineering|Geologist
Location: Denver, CO
search for more jobs

Brent Crude Oil : $50.2/BBL 3.29%
Light Crude Oil : $47.89/BBL 3.34%
Natural Gas : $2.94/MMBtu 1.37%
Updated in last 24 hours