Houston primarily based Frontera Resources Corporation the European-focused oil and gasoline exploration and manufacturing firm, introduced the mobilization of a workover rig to T-16 properly, located contained in the 80 sq. km Taribani area space situated in onshore Block 12 in Georgia.
The Company has efficiently accomplished a technical examine of Taribani wells drilled by a earlier operator and has chosen the next wells for workover operations: T-16, T-24 and T-31. The intention is to wash these wells and verify properly integrity for future sidetracking/drilling operations so as to drill and full the wells within the Eldari B reservoir.
As beforehand introduced, Zones 19, 21, 23 and 24 of the Eldari B interval had been penetrated through the drilling of the Niko-1 properly, the primary properly drilled by the Company into the Eldari B formation. Testing of the interval confirmed the presence of oil and gasoline bearing Miocene aged marine sandstones with good reservoir properties. T-39 was the second properly drilled by the Company into Zone 19 of the Eldari B reservoir.
As beforehand introduced, the Company’s CPR produced by Netherland, Sewell & Associates estimates 51.three million barrels of recoverable oil from Zones 19, 21, 23 and 24 of the Eldari B formation, located between 3000m and 3400m interval, supporting administration’s view of the numerous potential of the Eldari B formation. The Gareji formation, located under the Eldari B reservoir within the Taribani area, is additional estimated to comprise three.2 Trillion Cubic Feet of recoverable gasoline in line with the CPR estimates.
The Taribani area was found in 1933 with 5 wells being drilled all through the 1930’s. In the interval Between 1933 and 1983 a complete of forty-two wells had been drilled in Taribani; all of the wells are clustered within the down dip portion of the sector and all 42 wells encountered oil and gasoline bearing intervals. Several of the wells had been introduced onstream at excessive charges, nevertheless, as a consequence of a mix of substandard drilling practices, supplies and completion practices long run manufacturing couldn’t be established. As a consequence, throughout this era Taribani produced 476,000 bbls of oil. The predominant trigger for restricted manufacturing being poor drilling and completion practices.
Since Frontera acquired curiosity in Block 12, it has carried out trendy drilling and completion methods which have considerably improved productiveness of wells and enabled the corporate to determine steady, long-term manufacturing historical past. (Source and picture: Frontera Resources)
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