Baku, Azerbaijan, Dec. 6
By Elena Kosolapova- Trend: Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, achieved successful drilling results at an appraisal well in Sagiz West Field, the company reported on Dec. 6.
"The SAGW-12 appraisal well has reached a depth of 1,524 meters with electric logs indicating 13 meters of net oil pay over a 64 meter gross interval in the Triassic Formation at measured depths between 1,185 and 1,249 meters," the company said.
Reservoir quality is good with porosities ranging from 15 to 27 percent.
The company is setting production casing in the well and will begin testing SAGW-12 as soon as practicable.
The Zhanros ZJ-30 rig will next move to drill the SAGW-8 well in the central portion of the field, one of five wells remaining in the current appraisal program at Sagiz West.
Max Petroleum Plc is an oil and gas exploration and production company focused on Kazakhstan. The company holds 100 percent of the Blocks A and E at the license area covering over 12,455 square kilometers in the highly prolific Pre-Caspian Basin in West Kazakhstan.
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