Exillon Energy Plc Drilling Update (9347G)
June 13 2013 - 2:00AM
UK Regulatory
TIDMEXI
RNS Number : 9347G
Exillon Energy Plc
13 June 2013
Exillon Energy plc
Drilling Update
13 June 2013 - Exillon Energy plc, a London Premium listed
independent oil producer with assets in two oil-rich regions of
Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon
WS"), is pleased to announce a drilling update.
EWS I - 70
Well EWS I - 70 was drilled on the northern extension of the
East EWS I field. The well was spudded on the 4(th) May 2013 and
drilled and cemented in 13 days. The well encountered the Jurassic
P reservoir at 1,871 metres, confirming 17.8 metres of effective
vertical net oil pay.
The well flowed oil naturally to the surface with a flow rate of
499 bbl/day on an 8 mm choke. The well was drilled vertically from
Pad 7, and is now connected to our existing production
facilities.
EWS I - 64
Well EWS I - 64 was drilled on the north-west extension of the
EWS I field. The well was spudded on the 1(st) February 2013 and
drilled and cemented in 29 days. The well encountered the Jurassic
P reservoir at 1,862 metres, confirming 2.7 metres of effective
vertical net oil pay.
Upon perforation the well flowed 220 bbl/day, of which 44
bbl/day was oil. The well was drilled 1.1 km to the north-west of
Pad 6. Due to the fact that the well is located lower than any
other well on the structure it has been converted to water
injection for the purposes of maintaining reservoir pressure.
EWS I - 65
Well EWS I - 65 was drilled on the north-west extension of the
EWS I field. The well was spudded on the 3(rd) March 2013 and
drilled and cemented in 25 days. The well encountered the Jurassic
P reservoir at 1,858 metres, confirming 8.6 metres of effective
vertical net oil pay and 14.2 metres of net pay along the well
bore.
The well is currently operated with a submersible pump flowing
at 156 bbl/day, of which 85 bbl/day is oil. Going forward we will
seek to minimize water cut in the production from this well. The
well was drilled 1.6 km to the north-west of Pad 6, and is now
connected to our existing production facilities.
EWS I - 66
Well EWS I - 66 was drilled on the north-west extension of the
EWS I field. The well was spudded on the 30(th) March 2013 and
drilled and cemented in 14 days. The well encountered the Jurassic
P reservoir at 1,852 metres, confirming 10.5 metres of effective
vertical net oil pay and 18.2 metres of net pay along the well
bore.
The well is currently operated with a submersible pump flowing
at 574 bbl/day, of which 551 bbl/day is oil. The well was drilled
1.0 km to the north-east of Pad 6, and is now connected to our
existing production facilities. Well 6 is the last planned well
from Pad 6.
Appraisal well EWS I - 90
Appraisal well EWS I - 90 was designed to test the north-east
extension of the EWS I field. The structure was previously tested
with well EWS I - 61, but due to a long deviation of well EWS I -
61, the structure was not tested for flow rates.
The well was spudded on the 13(th) April 2013 and drilled and
cemented in 34 days. 18.4 metres of core was collected, which is
represented by mudstones, gravel conglomerates, and sandstones. The
core exhibits signs of hydrocarbon saturation. During a test the
well has produced only a film of oil due to low permeability of the
producing horizon.
We will assess the core data for methods of producing from this
reservoir. Two additional wells have been previously planned for
drilling in this part of the field in 2013. No further drilling
will be completed in this area of the field prior to the completion
of petrophysical studies.
The well was drilled 0.7 km to the south-east of Pad 9, and has
been converted to a water source well.
EWS I - 201
Well EWS I - 201 was drilled on the northern part of East EWS I
field. The well was spudded on the 8(th) April 2013 and drilled and
cemented in 25 days. The well encountered the Jurassic P reservoir
at 1,872 metres, confirming 13 metres of effective vertical net oil
pay.
The well is currently operated with a submersible pump flowing
oil at 146 bbl/day. The well was drilled 1.7 km north of Pad 7, and
is now connected to our existing production facilities.
Media contact:
Tom Blackwell
020 7920 2300
Blackwell@mcomgroup.com
This information is provided by RNS
The company news service from the London Stock Exchange
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