more bla bla bla18 Aug 2020 12:51
08-8-2017
We are continue working to seek to get A6 flowing and are now close to finishing the planned work at deep Well A5, after which the rig involved will be released to tackle Deep Well 801.
We will continue to provide updates on progress at each of the se three deep wells as it becomes available. CC
01-10-2017
Drilling at BNG at both our shallow and deep prospects remains on track. The work to move the rig from 145 to 146 went as planned allowing an on schedule spudding of Shallow Well 146.
At Deep Well A5 we are entering what we hope is the final phase of drilling before we reach our goal. To date all the indicators are positive. CC
23-10-2017
On 21 October 2017 the well was opened for clean-up purposes. The initial flow rates were approximately 3,500 bopd using a 11 mm choke.
The well flowed without interruption for 4 hours and without artificial stimulation before it was shut in pending the arrival on site of additional high pressure testing equipment.
The well-head pressure varied from 160 to 300 bar. The pressure build-up dynamics indicate an excellent reservoir quality. The current shut-in pressure is 470 bar (6,887 psi). The high well-head pressure and the good presence of rich gases such as butane and pentane also indicate lighter and more valuable oil compared to our shallow wells.
27-10-2017
The flexibility afforded to the Company by the early agreement with the Kazakh authorities on the extension of the licence for the BNG Contract Area should materially improve the returns to current shareholders as the funding of our near term deep wells should now be within the Company's control from the pre-sales of oil without the need for dilutive equity issues.
27-11-2017 Deep Well A5
Caspian Sunrise is pleased to announce that the independent 90-day flow test at Deep Well A5 commenced over the weekend. We plan to make regular updates announcements as the test progresses.
05-11-2018 Deep Well A5
Deep Well A5 Sidrack-2 (A5 ST-2) has a total depth of 4,450 meters. The pre-salt carbonate reservoir is perforated over a 105 meter interval (4,332 to 4,437 meters). Milling operations to remove a metal obstruction in the well continue to progress at a current depth of 4,054 meters.
As previously announced, for the 15 days between 23 October and 27 November 2017 prior to the formal start of 90 day testing, the well flowed at the rate of approximately 3,800 bopd before being restricted by a partial blockage. Our intention is to restart the 90-day flow test once wellbore is clear of obstructions.
Deep Well 801
The pressure build-up in Deep well 801 since Caspian's last update has been steady, exceeding the Company's initial expectations, and now stands at approximately 360 ATM (5292 psi). Procurement of services are underway for re-perforation and acid fracture jobs to be followed by a 90-day flow test.
Deep Well A6 As previously announced, the Company continues to work on a detailed recompl
Sign In
Follow the stocks
