Incremental Petroleum has announced that the Edirne appraisal well Ikihoyuk 2 in Western Turkey (IPM 55%) has discovered 27 m of net gas pay over a gross interval of 87m. The net pay exceeded the predrill estimate by some 25%.
Ikihoyuk 2 is 620m west of Ikihoyuk 1, and encountered 27 meters of net gas pay, based on wireline log analysis, between 395m and 482m. Average porosity is an excellent 26%. Total depth of the well is 500m. The present operation is running 5 inch casing. The well will not be tested at this time.
The Ikihoyuk structure is one of some 17 structures mapped on the 2007 3D seismic and is a downthrown fault trap.
The partners in the Edirne Gas project are Incremental Petroleum 55%, Otto Energy 35% and Petraco, as joint operator, with 10%.
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