Press

Genel Energy make cretaceous discovery at Peshkabir-2

Posted by OilVoice Press

09-Jan-2017


 

Genel Energy plc ('Genel' or 'the Company') notes the announcement made this morning by DNO ASA, as operator of the Tawke licence (Genel 25% working interest). 

The Peshkabir-2 well currently drilling on the Tawke PSC has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field. 

The well flowed at a stable rate of 3,800 barrels of 28° API oil per day on a 52/64 choke from an open hole test of a 170-metre interval. Pressure data supported by observations of oil shows from cuttings and side wall cores indicate a Cretaceous oil interval in excess of 300 metres. 

Peshkabir-2 was spudded last October to explore the Cretaceous horizon and appraise the previously tested deeper Jurassic reservoir on a 2012 discovery 18 kilometres to the west of the Tawke field. 

The well, currently drilling ahead of schedule and under budget, is expected to reach total depth of 3,500 metres and will be completed in the Jurassic by early February. Pre-spud estimates for drilling, open hole testing of the Cretaceous and completion stood at $17.5 million.   

The Tawke partners are considering a number of options to step up the appraisal of the new Cretaceous discovery, including a geological side-track in the central part of the Peshkabir structure or a third well. Options are also under consideration for possible early Peshkabir production and trucking to the Tawke field's gathering, processing facility and export facilities at Fishkabur some 12 kilometres away. 

The Tawke partners will provide an update on the resource potential of both the Cretaceous and Jurassic horizons following post well evaluation of all data acquired during Peshakabir-2 operations.

Genel EnergycretaceousPeshkabir-2

More items from oilvoice


Petro Matad - PSC extensions and updates on drilling rig contract negotiations and farmout

PSC extensions and updates on drilling rig contract negotiations and farmout  PSC Extensions - Blocks IV and V The Company is pleased to report that it has received an official letter from the Mining Resources and Petroleum Authority of Mongolia (MRPAM), dated 20 April 2017, confirming MRPAM's ...

OilVoice Press


Posted 2 days agoPress > Petro Matad

Amerisur Resources - Platanillo-21 Spudded

  Operations Update   Platanillo-21 Spudded   Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to announce an update on operations in the Platanillo field in Colombia.   The Company has spudded well Platanillo-21 on Pad 2N with dri ...

OilVoice Press


Posted 2 days agoPress > Amerisur ResourcesPlatanillo-21Spud Watch

More Chinese crude oil imports coming from non-OPEC countries

Source: U.S. Energy Information Administration, based on data from China General Administration of Customs and Bloomberg L.P. Note: OPEC is the Organization of the Petroleum Exporting Countries. China's General Administration of Customs publishes crude oil imports by weight. These values were ...

OilVoice Press


Posted 7 days agoOpinion > Energy Information Administration EIAOPECChina

Husky Signs Agreement for New Exploration Block Offshore China

Husky Energy (TSX: HSE) has signed a Production Sharing Contract (PSC) for a new exploration block offshore China. Block 16/25 is located in the Pearl River Mouth Basin, about 150 kilometres southeast of the Hong Kong Special Administrative Region. The Company expects to drill two exploration wells ...

OilVoice Press


Posted 7 days agoPress > Husky EnergyChina

Hague and London Oil purchases significant non-operated natural gas production assets in the Dutch North Sea from Tullow Netherlands

PROPOSED REVERSE TAKEOVER PROPOSED ACQUISITION OF TULLOW 101 NETHERLANDS B.V. Conditional agreement to acquire producing assets in the Dutch North Sea Hague and London Oil PLC is pleased to announce that it has agreed the conditional acquisition of significant non-operated natural gas prod ...

OilVoice Press


Posted 14 days agoPress > Hague and London OilDutch North SeaTullow Netherlands +1
All posts from oilvoice