Roxi Petroleum announces operational progress in Kazakhstan
Baku, Azerbaijan, March 3
By Elena Kosolapova- Trend:
Roxi Petroleum, the Central Asian oil and gas company, with a focus on Kazakhstan, is pleased with the operational progress at its Galaz assets, the company reported last week.
As previously announced NK-14 well spudded targeting Jurassic and Cretaceous reservoirs. The well has reached its total depth of 1,501 meters without incident. Well logging has been completed and an interval of interest between 1,290.2 and 1,295.7 meters has been identified in the Aryskumskiy horizon for further testing.
Roxi also announced that well NK24 has been spudded and has reached a depth of 425 meters without incident. The well is also targeting Jurassic and Cretaceous reservoirs and has a planned total depth of 1,500 meters.
Three successful wells have been drilled at Galaz since 2012, including well NK-7, well NK-8, and well NK-12, the company said.
Well NK-7 successfully tested oil at a daily rate of 186 barrels of oil per day at 6 millimeters choke size. Well NK-8 tested and flowed 197 barrels of oil per day at 6 millimeters choke size and 251 barrels of oil per day at 7 millimeters choke size. Well NK-12 tested at a daily rate of 117 barrels of oil per day at 8 millimeters choke size
The Galaz block is located in the Kyzylorda Oblast in central Kazakhstan. The contract area was extended on January 10, 2011 to 179 square kilometers and now includes significant exploration upside on the east side of the Karatau fault system, as well as the NW Konys development.
Edited by : C.N