Tethys Petroleum updates Kazakhstan exploration

Tethys Petroleum Ltd. has provided a status report of its exploratory drilling, seismic, and shallow gas programs on and around the Akkulka block in the Caspian region of Kazakhstan.

The AKD08 Doto exploratory well, southwest of Doris field and north of the Dione oil discovery, is a potential gas discovery at the Tasaran stratigraphic level, having encountered high levels of gas shows while drilling at about 600 m. Tethys is running 13-3/8-in. casing at 1,368 m and plans to deepen the well to 3,500 m.

The Doto well targets several zones including the Lower Cretaceous sandstone and Upper Jurassic carbonate sequences as proven in Doris and the deeper Triassic sequence. The Tasaran proved commercial on tests in the nearby AKK15 and AKK15 wells.

Tethys plans to spud the AKD09 Dexa exploratory well on Oct. 26. Dexa will target Lower Cretaceous channel sandstone sequences similar to the current major producing unit in Doris field to the southeast. Planned total depth is 2,400 m.

Starting in December Tethys will attempt to complete the KBD01 Kalypso exploratory well with a comprehensive test program initially on the Permo-Carboniferous interval. The company will perforate, potentially acidize, and frac the carbonate interval at 4,100 m. Electric logs indicate more than 100 m of gross potential hydrocarbon-bearing zones in what are interpreted to be shelf limestones with hydrocarbon shows also being noted during drilling.

In early November a shallow gas exploratory program is expected to commence. These are relatively low-risk targets, and 11 of the last 13 shallow exploratory wells Tethys drilled on the Akkulka block tested commercial gas. The new wells will go to 600-800 m mainly in the central and southeastern part of the Akkulka exploration contract and relatively close to existing gas infrastructure and the Akkulka production contract area.

The latest 3D seismic program on the Akkulka block is over 78% complete with a planned 100 sq km of 3D data being acquired over further prospects identified northwest of Doris field and with similar Cretaceous reservoirs predicted. A further 35 line-km of 2D data has been shot and processed targeting other areas of interest in and around shallow producing Kyzyloi gas field. This is in addition to the 200 line-km of 2D seismic data recently shot and processed over the wider KulBas exploration area.

A program involving installation and optimization of artificial lift equipment and improvements in fluid handling has temporarily reduced oil production to 2,250 b/d. Tethys expects to resolve the mechanical issues within 10 days and return field output to 3,500 b/d.

Workover and test operations on the AKD03 well in Dione oil field well planned for the first quarter of 2014 are expected to add 500 b/d of oil subject to test results. AKD03 discovered oil in a Jurassic sandstone that consulting engineers estimated to have 4.25 million bbl of proved and probable reserves.

Related Articles

BHP to drill first deepwater well off Trinidad in 2016, energy minister says

01/30/2015 BHP Billiton and its partner BP PLC will drill their first well in Trinidad and Tobago’s deep water in 2016 according to the Caribbean twin-island ...

Pennsylvania governor reinstates state forest drilling moratorium

01/29/2015 Pennsylvania Gov. Tom Wolf (D) signed an executive order fully reinstating a 2010 moratorium on new oil and gas leases in state forests and parks. ...

Chevron, BP, ConocoPhillips join to explore, appraise Gulf of Mexico leases

01/28/2015 Chevron Corp. subsidiary Chevron USA Inc., BP PLC unit BP Exploration & Production Inc., and ConocoPhillips Co. have pledged to work together t...

DOI’s 2017-22 draft proposed OCS program includes Mid-Atlantic sale

01/27/2015 The US Department of the Interior released a draft proposed 2017-22 Outer Continental Shelf management program that included 14 potential oil and g...

Hess cuts capital budget by 16% to $4.7 billion

01/27/2015 Hess Corp. has set a capital budget of $4.7 billion for 2015, down 16% from $5.6 billion spent last year. The company at the beginning of 2014 repo...

Obama administration proposes making ANWR Coastal Plain wilderness

01/26/2015 The Obama administration said it will propose managing more of the Arctic National Wildlife Refuge, including its Coastal Plain, as wilderness. Ala...

CNPC completes Keshen-902 appraisal well in China

01/26/2015 China National Petroleum Corp. (CNPC) has completed the Keshen-902 appraisal well in Tarim oil field at a depth of 8,038 m, 15 m deeper than the Ke...

Norway offers 54 licenses in APA 2014

01/26/2015 Statoil ASA, Lundin Petroleum AB, and E.On E&P Norge AS headlined Norway's Awards in Predefined Areas 2014 (APA 2014) licensing round for the N...

Gazprom Neft receives two Arctic shelf exploration licenses

01/26/2015 Gazpromneft Sakhalin, a subsidiary of JSC Gazprom Neft, has been awarded subsoil-use rights to the Severo-Zapadniy block on the Pechora Sea shelf a...
White Papers

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by

The impact of aging infrastructure in process manufacturing industries

Process manufacturing companies in the oil and gas, utilities, chemicals and natural resource industri...
Sponsored by
Available Webcasts


OGJ's Midyear Forecast 2015

When Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

When Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST



On Demand

Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST


Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected