Dragon Oil Wraps Up Testing Offshore Turkmenistan
Dragon Oil announced the completion and initial testing of the Dzheitune (Lam) B/148 and 28/149 development wells in Turkmenistan.
The Dzheitune (Lam) B/148, the third well in a series of wells to be drilled from the Dzheitune (Lam) B platform, was drilled to a depth of 3,858 meters by the Iran Khazar rig and completed with dual strings. Testing of the short and long strings resulted in production rates of 1,556 barrels of oil per day ("bopd") and 1,083 bopd,respectively. As reported in the Interim Management Statement, the Iran Khazar rig is now drilling the Dzheitune (Lam) B/150 well.
The Dzheitune (Lam) 28/149 well, which was drilled to a depth of 3,295 metres by the NIS rig, was also completed with dual strings. The short string tested at 1,866 bopd with the long string testing at 2,513 bopd. The NIS rig has skidded to the next slot on the Dzheitune (Lam) 28 platform and spudded the 28/151 well.
We expect to put the last two wells into production before the end of the year and as such these wells will contribute to production growth in 2011.
Dr. Abdul Jaleel Al Khalifa, Chief Executive Officer, commented, "I am pleased to report the successful completion and initial testing of the Dzheitune (Lam) B/148 and 28/149 development wells. The solid results from both wells and the near-completion of the trunkline should provide a firm foundation for driving production growth. The last two wells of the 11 wells planned for 2010 are being drilled now and we expect to complete them before the end of the year."
- Falcon Oil Declares Commercial Flow Test Results for Shenandoah Well
- Japan Failing to Meet Corporate Demand for Clean Power: Amazon
- Macquarie Strategists Expect Brent Oil Price to Grind Higher
- UK Oil Regulator Publishes New Emissions Reduction Plan
- PetroChina Posts Higher Annual Profit on Higher Production
- McDermott Settles Reficar Dispute
- US, SKorea Launch Task Force to Stop Illicit Refined Oil Flows into NKorea
- Pennsylvania County Joins List of Local Govts Suing Big Oil over Climate
- Russian Navy Enters Warship-Crowded Red Sea Amid Houthi Attacks
- USA Commercial Crude Oil Inventories Increase
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Equinor Makes Discovery in North Sea
- Standard Chartered Reiterates $94 Brent Call
- India Halts Russia Oil Supplies From Sanctioned Tanker Giant
- DOI Announces Proposal for Second GOM Offshore Wind Auction
- Centcom, Dryad Outline Recent Moves Around Red Sea Region
- PetroChina Set to Receive Venezuelan Oil
- Czech Conglomerate to Buy Major Stake in Gasnet for $917MM
- US DOE Offers $44MM in Funding to Boost Clean Power Distribution
- Oil Settles Lower as Stronger Dollar Offsets Tighter Market
- Chinese Mega Company Makes Major Oilfield Discovery
- VIDEO: Missile Attack Kills Crew Transiting Gulf of Aden
- Norway Regulator Blasts Proposal to Halt New Oil and Gas Permits
- Chinese Mega Company Makes Another Major Oilfield Discovery
- What Is the Biggest Risk to Offshore Oil and Gas Personnel in 2024?
- New China Climate Chief Says Fossil Fuels Must Keep a Role
- Vessel Sinks in Red Sea After Missile Strike
- Exxon Rights in Stabroek Do Not Apply to Hess Merger with Chevron: Hess
- Analysts Reveal Latest Oil Price Outlook Following OPEC+ Cut Extension
- Equinor Makes Discovery in North Sea