Jupiter to Spud Latest Kazakh Well in Mid-December

Kazakhstan-focused junior explorer Jupiter Energy reported Tuesday that it plans to start drilling its latest well – Well 19 – on the East Akkar field in mid-December.

Well 19 will be located between the field's J-51 and J-52 wells, both of which have been producing oil under trial production licenses. The well will target the mid-Triassic layer in an area of existing C1 reserves, Jupiter said.

If successful, the well will be placed onto trial production immediately after completion.

Jupiter said that the drilling contractor has begun mobilization and site works are underway. The well is expected to take 60 days to reach target vertical depth.



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