(Source: Shutterstock.com)
Trillion Energy produced 140 MMcf in the SASB gas field in its first 35 days of production, with wells starting production in staggered phases from July 9 to July 28, the company said in an Aug. 14 press release.
SASB is a natural gas field in the southwestern Black Sea that supplies natural gas to Turkey. Trillion’s revitalization program has already realized a complete payback of recent perforation capex, the company said.
All remaining gas pay on the Akcakoca platform was perforated, including three long reach deviated gas wells—Guluc-2, South Akcakoca-2, West Akcakoca-1 wells— and the recompleted legacy well Akcakoca-3, all drilled in the 2022-2023 program.
South Akcakoca-2 has been producing for 36 days at a stabilized rate of approximately 2.75 MMcf/d. Guluc-2’s averaged 2 MMcf/d before production stabilized at 1.25 MMcf/d.
West Akcakoca-1 produced an average of 0.60 MMcf/d with some irregularities and has not stabilized yet. Akcakoca-3 was perforated but gas has not flowed yet. Wellhead pressure is steadily increasing from 100 psi to 478 psi, and Trillion said gas production is expected to start soon.
Gas production from the Akcakoca platform averaged 4.6 MMcf/d since the perforation program ended.
Production results have been positive, giving Trillion an indicator to decrease its production tubing size to stabilize gas production at its targeted rates.
“The wells on the Akcakoca Platform have been completed successfully with gas production and WHP continuing to increase,” CEO Arthur Halleran said. “This early return on our investment is a clear indicator of the field’s robust production potential.”
Trillion holds a 49% interest in SASB Field.
Recommended Reading
Freeport LNG’s Slow Restart Stokes Concern Over Supply Risk
2024-07-23 - The 15-mtpa Freeport LNG facility remains under the spotlight of the global market as it slowly resumes operations after pausing ahead of Hurricane Beryl’s arrival along the U.S. Gulf Coast.
Constellation Energy’s Boston LNG Import Terminal Remains Open
2024-06-24 - FERC warned last year that plans to shut Constellation’s Everett LNG terminal could threaten the Northeastern power grid.
Hurricane Threatens LNG and Power Demand as Francine Forms in GoM
2024-09-09 - LNG export plants and offshore oil platforms in the Gulf of Mexico are already taking a hit as as Francine strengthens.
US NatGas Prices Fall 3% to One-month Low on Output Rise, Lower Demand Forecast
2024-07-01 - Analysts say there is about 19% more gas in storage than usual for this time of year.
Court Petitioned to Intervene in Calcasieu Pass 2 LNG Project
2024-09-09 - The D.C. Circuit is to consider the case for Venture Global's Calcasieu Pass 2 LNG facility in Louisiana.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.