Results Announced From Mongolia Tamsag Basin Testing
Drilling Activity Details
Geo Coordinate
Drilling Activity Summary
Description
Petro Matad announced the results of well testing operations at the #1-Heron oil discovery in the north of Block XX in the Tamsag Basin in Mongolia. During a drillstem test, the well initially flowed 821 bbl of 46-degree-gravity oil, an unreported amount of gas and no water per day from a 12-m interval at 2,834 m in the upper portion of Lower Tsagaantsav. It was tested on a 19/64-in. choke. The well has now been shut in. The pre-drill resource estimated for the Heron structure is 165 MMbbl of oil-in-place, with 25 MMbbl (P50) of recoverable resource. Petro Matad is based in Ulaanbaatar, Mongolia.
Description
Petro Matad announced the results of well testing operations at the #1-Heron oil discovery in the north of Block XX in the Tamsag Basin in Mongolia. During a drillstem test, the well initially flowed 821 bbl of 46-degree-gravity oil, an unreported amount of gas and no water per day from a 12-m interval at 2,834 m in the upper portion of Lower Tsagaantsav. It was tested on a 19/64-in. choke. The well has now been shut in. The pre-drill resource estimated for the Heron structure is 165 MMbbl of oil-in-place, with 25 MMbbl (P50) of recoverable resource. Petro Matad is based in Ulaanbaatar, Mongolia.