Max Petroleum Begins Testing Zhana Makat Test Well
Max Petroleum Plc, an oil and gas exploration and development company focused on Kazakhstan, has begun testing of the ZMA-ET1 appraisal well in the Zhana Makat Field, the company reported in a news release, Oil&Gas Eurasia reported.
The company reported successfully flowing 47 degree API oil at an equivalent rate of approximately 1,200 barrels of oil per day ("bopd") from perforations in a Triassic reservoir from depths of 1,282 to 1,288 metres during a five hour flow-back period. The well will be connected to temporary production facilities later this week and brought onto production. The Company expects the well to produce at a stabilised rate between 500 and 1,000 bopd.
Completion and testing of the ZMA-ET2 well is expected to begin shortly, with production beginning in the next few weeks. Both wells will initially be placed on test production pending confirmation of reserves necessary for future inclusion in Zhana Makat's full field development programme.