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Sibir Spuds First Exploration Well

Source: www.gulfoilandgas.com 10/22/2007, Location: Asia

Sibir announces that it spudded its first exploration well on block 14 of the Koltogorsky exploration licenses 180 kilometers northeast of Nizhneyvartovsk in the Khanty-Mansiysk Autonomous Region in Western Siberia. The well is the first of an eight-well drilling campaign on the Koltogorsky blocks to be conducted through 2008.

The block 14 well is expected to take 65 days to drill to a depth of 3,050 metres and will target reservoirs in the lower Cretaceous and Jurassic. Drilling operations are being managed by Sibir subsidiary, Magma, together with Russian contractors and drilling rigs.

Comprised of eight license areas the Koltogorsky blocks together cover 2,100 square kilometers (520,000 acres) with an estimated 970 million barrels of C3 resources (Russian classification1). The blocks lie near the giant Samotlor oil field, one of the largest in the world, and are bordered on the west by a number of Samotlor satellite fields and on the east by a range of other producing properties in Russia’s most prolific oil producing region.

Since the licenses were originally issued in 2004, over 2,500 kilometers of 2D seismic profiles have been acquired, processed and interpreted, indicating the existence of 39 identifiable oil traps in the Lower Cretaceous and Jurassic at depths of 2,600 to 3,200 meters.

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Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


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