Tethys updates operation program in Kazakhstan

Azerbaijan, Baku, Oct. 18 / Trend E. Kosolapova/

Tethys Petroleum Limited, the oil and gas exploration and production company focused on Central Asia and the Caspian Region, provided an update on operations in Kazakhstan on Friday.

According to the company, the KBD01 (Kalypso) comprehensive testing programme initially on the Permo-Carboniferous interval will commence in early December. The testing programme will involve initial perforation and potentially acidisation followed by fracture stimulation of the carbonate interval approximately 4,100 meters below the surface and will take up to one month to complete.

"Electric logs run over this section indicated more than 100 metres of gross potential hydrocarbon bearing zones in what are interpreted to be shelf limestones with hydrocarbon shows also being noted whilst drilling," the company said.

The shallow gas exploration program is expected to commence in early November and the wells are expected to be drilled consecutively on a number of additional prospects and leads which have been identified based on seismic data.

"The planned gas exploration wells are typically 600-800 meters measured depth and will take up to three weeks each to drill. Currently these are located mainly in the central and south-eastern part of the Akkulka Exploration Contract and relatively close to existing gas infrastructure and the Akkulka Production Contract area," the company said.

The latest 3D seismic program on the Akkulka Block is over 78 percent complete with a planned 100 square kilometres of 3D data being acquired over further prospects identified north west of the producing Doris wells and with similar Cretaceous reservoirs predicted. Furthermore an additional 35 kilometres of 2D data has been acquired and recently processed within the Akkulka block, but targeting additional areas of interest in and around the shallow producing Kyzyloi gas field. This is in addition to the 200 kilometres of 2D seismic data also recently acquired and processed over the wider KulBas exploration area.

Following the successful approval of Phase 2b of the Aral Oil Terminal earlier in the year Phase 3 expansion is expected to be approved some time in November. Under Phase 3 an electrical dehydrator has now been installed and is operationally ready which will significantly improve the quality of oil. It is expected to realise a higher oil price once this equipment is applied in the oil preparation process.

Due to a programme involving the installation and optimization of artificial lift equipment and improvements in fluid handling, oil production levels have been temporarily reduced, and currently the field is producing some 2,250 barrels of oil per day. Mechanical issues relating to the effective installation and operation of the downhole pumps have delayed completion of this programme, however it is expected these issues will be resolved within the next ten days whereupon it is planned to resume production of approximately 3,500 barrels of oil per day.

"The workover and additional testing operations on the AKD03 in the Dione oil field well planned for the first quarter of 2014 are expected to add some 500 barrels of oil per day subject to test results," the company said.

Tethys' AKD08 ("Doto") located to the south-west of the company's producing Doris field and north of its Dione oil discovery in Kazakhstan well has reached a depth of 1,368 metres and electric logs have been run in the hole. The Doto well is expected to take approximately 70 days in total to drill to a planned total depth of 3,500 metres using Tethys' own ZJ70 "Telesto" rig. The well is designed to target several potential zones, including the Lower Cretaceous sandstone and Upper Jurassic carbonate sequences as proven in Doris, and also the deeper Triassic sequence.

Whilst drilling in the shallower levels at approximately 600 metres, high levels of gas were encountered and these shows together with the logs indicate a potential gas discovery at the Tasaran stratigraphic level as previously demonstrated to be commercial on test in the nearby AKK14 and AKK15 wells. It is expected that a gas appraisal well could now be incorporated into the forward shallow gas drilling program to test this accumulation.

The AKD09 ("Dexa") exploration well located to the North-West of the producing Doris field is planned to spud on October 26th. The well is designed to target Lower Cretaceous channel sandstone sequences similar to the current major producing unit in the Doris field. It is forecast to take approximately 45 - 50 days to drill to a planned total depth of 2,400 metres.

Azerbaijan eyes to open two more DOST Centers till late 2020
Azerbaijan eyes to open two more DOST Centers till late 2020
More Kazakh citizens sent back home from Azerbaijan by sea
More Kazakh citizens sent back home from Azerbaijan by sea
“Protect the Caspian Sea” with support of Bakcell and its partners (PHOTO)
“Protect the Caspian Sea” with support of Bakcell and its partners (PHOTO)
Loading Bars
Israeli PM, Bahraini crown prince discuss cooperation over phone
Audit services in Azerbaijan improving step by step
Mayor urges holidaymakers to 'stay permanently' amid population boom in Bodrum
Iran purchases additional wheat from farmers
Turkish president makes phone call to Azerbaijani president
President of Uzbekistan to deliver speech at 75th UN GA session
28 Kazakhstanis died from COVID-19 on Sep 14-20
Valentina Matviyenko: Azerbaijan has been and remains strategic partner for Russia
U.S. COVID-19 deaths top 200,000 -- Johns Hopkins University
MP: Azerbaijan to give worthy response to any provocations of Armenia
Azerbaijani finance ministry’s securities in great demand
Cargo transportation volume through "Middle Corridor" by late 2020 disclosed
China's exports of flat-rolled products of non-alloy steel to Georgia down
Georgian expert: Azerbaijan harmoniously combines three world religions
Geostat reveals volume of Russian export to Georgia
Speaker of Azerbaijani parliament meets chairperson of Federation Council of Russian Federal Assembly (PHOTO)
Georgia reveals volume of processed grapes by regions
Georgia reveals export statistics of major goods to Russia
Israeli city vice-mayor: Azerbaijan highly appreciates tolerance
Baku Port: New transport corridors of Caspian Sea increases Middle Corridor's role
Iranian Energy Exchange announces products to be on sale September 23
French Development Agency to fund construction of Uzbek hydropower plants
Review of Georgian exports to China
Red Cross representatives visit Dilgam Asgarov, Shahbaz Guliyev
Turkish president: Armenia - biggest obstacle to peace in South Caucasus
Kazakhstan to greatly increase level of automation of public services
Azerbaijan's AzInTelecom supports creation of new mobile app
Purchase of wheat in Iran's Sistan and Baluchestan Province completed
Uzbekistan permits flights for Abu Dhabi low-cost airline
Georgian company AgroKartli expect to increase apple crop
New ambassador of Netherlands to Azerbaijan arrives in Baku
Azerbaijan eyes to open two more DOST Centers till late 2020
Azerbaijan's ADY Express reveals cargo handling volumes via BTK railway
Georgian Railway sees increase in cargo transportation
Germany increases export volumes to Kazakhstan despite COVID-19
Industrial production to be increased in Uzbek regions
Uzbekistan boosts import of grain, legumes from Turkey
Azerbaijani First VP Mehriban Aliyeva attends opening of new kindergarten (PHOTO)
ADIF discloses amount of сompensations made to clients of closed banks
Kazakhstan Air Astana to resume direct flights to Russia
IRI's International Assessment Team Arrives Ahead of Georgia’s Parliamentary Elections
Iran’s NISOC can increase extraction coefficient
Kazakhstan's progress on cereals and legumes harvesting revealed as of Sept.22
Bahar Azadi gold coin price climbs
Azercosmos begins cooperation with ViewMedia
National Bank of Georgia to sell funds at foreign exchange auction
COVID-19 pandemic negatively affects Georgian Sarajishvili's company
Ceramic plant being prepared to launch in Turkmenistan’s Lebap region
Iran Customs Administration to facilitate release of imported goods
Azerbaijan to upgrade local hydrological networks
Construction of new apartments across Iran's towns going full speed
Int'l community must stop terror carried out by Armenia against Azerbaijan - Lebanese lawyer
Review of Georgian livestock export to Azerbaijan
More Kazakh citizens sent back home from Azerbaijan by sea
Azerbaijani First VP Mehriban Aliyeva attends opening of new building of Children’s Art School in Bulbula settlement (PHOTO)
Georgia plans to create low-cost airline
Volume of cotton fiber exports from Azerbaijan revealed
Turkmengas to purchase chemical products via tender
Iran discloses number of small mines restored
Uzbekistan considers joining research of vaccine for COVID-19
Iran increases amount of foreign currency assigned to importers
Siemens sees market value of energy spin-off above $20 billion
Produce in Georgia agency to begin accepting applications for its Micro and Small Business Support Program
Uzbekistan increases electric cars import
Iran’s Khouzestan Steel Company reaches new production level record
“Protect the Caspian Sea” with support of Bakcell and its partners (PHOTO)
Updates on Uzbekistan’s nuclear progress
EY Azerbaijan officially announces the start of the ‘EY Entrepreneur Of The Year™’ 2020-2021 competition
Subsidiary of KazMunayGas to buy diesel fuel via tender
Cement imports by US from Turkey slightly up amid COVID-19 pandemic
IMF: Economic growth in Uzbekistan to be positive due to growth in construction sector
Azerbaijan's CBA discloses amount of foreign currency bought by local banks
Russia lowers import of Turkish clothes
Geostat reveals volume of citrus fruits exported by Georgia to Azerbaijan
Romanian WEVO company implementing state projects in Azerbaijan (PHOTO)
WTL ready to implement new project in Turkmenistan
Review of Georgian corn export to Azerbaijan
Azerbaijan has right to liberate its lands by military means - Turkish general
Azerbaijan confirms 113 more COVID-19 recoveries
Value of exports from Iran's Maragheh County revealed
Georgian corn oil to enter local market
ROMGAZ moves towards becoming active player on natural gas distribution market
Azerbaijan's Energy Ministry reveals data on gas production, export
Iran reveals its COVID-19 data for September 22
Youth Union of New Azerbaijan Party issues appeal regarding Armenian provocation
PACE rapporteurs welcome decision to release Tofig Yagublu to house arrest
Oil rises on expectations demand can survive new lockdowns
Azerbaijan reveals oil production, export figures for ACG, Shah Deniz field
Electricity potential of Iran's thermal power plants up
Demand for Turkish electrical goods in China down
Turkmenistan, France's MEDEF considering priorities for infrastructure dev't in country
Greece plans to properly exploit fact of receiving natural gas from Azerbaijan
Iran inaugurates new healthcare centers
Kazakhstan's postal service operator to buy spares via tender
Documents on archiving pension files to be in e-format in Azerbaijan
Kazakhstan, France trade down twofold amid COVID-19
Iran’s Tehran Oil Refining Company to boost its capital
Microsoft Azerbaijan talks about cybersecurity within country
Azerbaijani president congratulates King of Saudi Arabia
Azerbaijani president’s interview to local TV channels in spotlight of foreign media
All news