Dragon Oil's latest well shows 3,400bpd
Results indicate prolific oil bearing sands under Dzheitune field
Dragon Oil, the London-listed oil independent with major assets in Turkmenistan, has announced the successful completion and initial testing of its Dzheitune (Lam) C/167 development well in the Cheleken Contract Area of the Caspian Sea.
The well was completed as a dual producer to a depth of 9,072 feet (2,765 meters). It tested for initial production at 1,682 barrels of oil per day at the short string with the long string testing at 1,714 barrels of oil per day. The combined rate of initial production was 3,396 barrels of oil per day. The drilling rig has skidded to the next slot and spudded the Dzheitune (Lam) C/170 well.
CEO Abdul Jaleel Al Khalifa commented, "I am pleased to report solid drilling results from the first appraisal and development well to have been completed from the new wellhead and production Dzheitune (Lam) C platform. The drilling results together with logs and pressure tests indicate that the prolific oil bearing sands in the reservoirs under the Dzheitune (Lam) 28 platform extend to the west towards the Dzheitune (Lam) C platform location. The findings from this well further prove our understanding of the Dzheitune (Lam) West area."