Ascent Resources Tests Positive Gas at GH-1 in Hungary
Ascent Resources has successfully completed and tested the Görbeháza-1 well ('GH-1') located in the western part of the Nyírség Szatmár permits in Hungary, known as the Panhandle. The first of two gas zones targeted for completion has achieved a gas flowrate of 3.74 MMscfd (106,000 Mm3/d).
The GH-1 well was drilled vertically to a total depth of 1,300m and encountered two gas bearing zones within the Upper Pannonian formations between 970m and 1,025m. The deeper of these two zones between 1,018m and 1,021m has been tested and flowed gas with small amounts of condensate at a rate of 3.74 MMcfd (106,000 Mm3/d) with a flowing wellhead pressure of 1,191 psig (81 barg). The well has been completed as a gas producing well and 2.5km of pipeline will be laid to the Hajdúnánás Gas Production Facility, where condensate will be recovered and the gas processed and sold into the main Hungarian gas pipeline network.
Ascent has a 20.167% interest in this project; other partners include JKX (33.333%), DualEx (12.5%) and Swede Resources AB (0.667%).
Ascent's Managing Director Jeremy Eng said, "The GH-1 well has produced gas at over 3.5 MMscfd from the first of its two completion intervals. This discovery is particularly important as the drilling location was identified by utilizing the same 3-D seismic technology that was used in the recent successful Penészlek appraisal well. We are using the same seismic techniques to identify drilling targets in Slovenia, where one third of a 90 sq km survey has been acquired in the area of the Petisovci project."
- Police Probe into JKX Subsidiary Continues (Jul 25)
- JKX confirms Police Inspection In Poltava (Jun 15)
- JKX Oil & Gas Appoints New PPC General Director (May 13)
Company: Ascent Resources more info
- Hess Sets Sights Away from Utica (Jun 29)
- Ascent Resources Appoints Interim CEO (Sep 11)
- Ascent Resources Appoints New CFO (Aug 03)
Company: DualEx Energy International Inc. more info
- DualEx Considers Repair Options for Hungary Well (Mar 15)
- Ascent Resources Tests Positive Gas at GH-1 in Hungary (Sep 17)
- Drilling Kicks Off at Gorbehaza-1 Onshore Hungary (Aug 18)