Raffles Energy Plans To Drill Exploratory Test In Suceava Concession, Romania
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
An exploration well is planned in the Bainet West Prospect in the EIV-1 Suceava Concession in Romania. Raffles Energy SRL has analyzed 2-D seismic data for the Bainet West Prospect where a previous exploratory, #1-Bainet, was drilled to 600 m and hit a 9-m reservoir with 8 m of net gas pay in a Sarmatian Sandstone reservoir. The two intervals tested within the main gas pay zone were perforated at 513.3-514.8 m and 516.3-517.3 m. The well produced 33 Mcf of gas per day during testing on an 8-mm choke. Bucharest-based Raffles Energy is the operator of the concession and #1-Bainet West well with 50% interest in partnership with Prospex Oil & Gas holding the remaining 50%.
Description
An exploration well is planned in the Bainet West Prospect in the EIV-1 Suceava Concession in Romania. Raffles Energy SRL has analyzed 2-D seismic data for the Bainet West Prospect where a previous exploratory, #1-Bainet, was drilled to 600 m and hit a 9-m reservoir with 8 m of net gas pay in a Sarmatian Sandstone reservoir. The two intervals tested within the main gas pay zone were perforated at 513.3-514.8 m and 516.3-517.3 m. The well produced 33 Mcf of gas per day during testing on an 8-mm choke. Bucharest-based Raffles Energy is the operator of the concession and #1-Bainet West well with 50% interest in partnership with Prospex Oil & Gas holding the remaining 50%.