Aral Petroleum Capital LP has tested Well 306 in East Zhagabulak field on its 100% owned 380,000-acre North Block in the North Caspian basin in Kazakhstan at the rate of 579 b/d of oil.
The well’s output boosts total production from the tract to 869 b/d, said Pacific Energy Development Co., Danville, Calif., which said it is in contract to acquire an indirect 34% interest in Aral, subject to closing conditions and regulatory approvals.
Due to the success of the test of this initial target interval, Aral decided to defer the test of two more target intervals of Well 306 and instead to perforate and acidize the previously untested Well 315 and frac and acidize Well 316, each drilled in 2012, and then rework certain upper objectives of Well 308.