Jupiter Energy Limited is pleased to announce that the J-50 well test continues with extended flow on 10mm choke at 220 bopd. The Company has made its first sale of oil produced from its J-50 well which is located on the 100% owned and operated Block 31, Kazakhstan.
Produced oil is being sold at the wellhead and transported by customer road tanker from the J-50 location to a nearby terminal.
Forward plan
- Shut in well and run downhole pressure gauges.
- Open well and conduct reservoir pressure measurements over a range of choke sizes, which is a statutory requirement in Kazakhstan.
- Shut in the well and demobilise the drilling rig.
- Commence the 90 day production test.
- During the production test, stimulate the well to maximise productivity in line with offset well production rates.
Managing Director David Thorpe said. “This is a major milestone for the company having achieved our first revenue objective with the successful off take of 183bbl of Block 31, Middle Triassic crude oil from the J-50 well. Jupiter has now successfully transformed itself from an oil explorer to an oil producer.”
