PetroNeft Confirms 5 Production Wells at Lineynoye


Lineynoye Field
(Click to Enlarge)

PetroNeft, owner and operator of Licence 61, Tomsk Oblast, Russian Federation, has provided an update on the re-entry and recompletion of the Lineynoye No. 1 well.

Highlights

  • 271 barrels of oil per day production rate.
  • Rate can be considerably improved by stimulation and pumping.
  • 5 wells now confirmed as producers.

The Company has re-entered and recompleted the Lineynoye No. 1 well which was originally drilled in 1972. The well head was found to be in excellent condition and upon recompletion the well flowed at a stabilized rate of 271 bopd on an 8 mm choke from the Upper Jurassic J1 sandstone interval. This is natural flow to the surface without the aid of artificial lift or reservoir stimulation. The test results confirm those achieved in 1972.

This well along with L-5, L-6, L-7 and L-8 will be a production well when development of the oil field is completed. Current operations are part of the ongoing preparation for production.

Dennis Francis, Chief Executive Officer of PetroNeft Resources plc commented, "This is a great result from a well drilled in the early 1970s and suspended since that time. The test enhances our understanding of the reservoir characteristics at this location, which has in excess of 15 metres of net pay and will be an important production location."
 

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
United States Odessa: Engineer - Frac/Acid
Expertise: Petroleum Engineering
Location: Odessa, TX
 
United States Houston: Senior Drilling Fluids Engineer
Expertise: Drilling Engineering
Location: Houston, TX
 
Region Leader - Field Development
Expertise: Field Development|Process Engineer|Subsea Engineering
Location: Houston
 
search for more jobs

Brent Crude Oil : $50.64/BBL 0.62%
Light Crude Oil : $48.04/BBL 1.47%
Natural Gas : $3.01/MMBtu 2.58%
Updated in last 24 hours