Results Announced From Thrace Basin Flow Test
Drilling Activity Details
Drilling Activity Summary
Description
Results from a flow test in the second stimulated zone at #1-Inanli in Turkey’s Thrace Basin were announced by Valeura Energy. The zone at 4,176-4,217 m was targeted to test a shallower area of tighter and less fractured rock to determine gas flow potential and fluid characteristics. The well flowed 130 Mcf of gas per day along with a condensate-gas ratio of about 10 bbl/MMcf with 4 bbl of water per day. According to the Calgary-based company, the results indicate that gas can be produced from the lower-quality reservoir and also confirms the low water rates associated with the gas production at these depths. The current estimate of resource on the site is 10 Tcfe of unrisked gas, including 236 MMbbl of condensate. Valuera is preparing the well for the stimulation and expected to extend into late 2019.
Results from a flow test in the second stimulated zone at #1-Inanli in Turkey’s Thrace Basin were announced by Valeura Energy. The zone at 4,176-4,217 m was targeted to test a shallower area of tighter and less fractured rock to determine gas flow potential and fluid characteristics. The well flowed 130 Mcf of gas per day along with a condensate-gas ratio of about 10 bbl/MMcf with 4 bbl of water per day. According to the Calgary-based company, the results indicate that gas can be produced from the lower-quality reservoir and also confirms the low water rates associated with the gas production at these depths. The current estimate of resource on the site is 10 Tcfe of unrisked gas, including 236 MMbbl of condensate. Valuera is preparing the well for the stimulation and expected to extend into late 2019.