Area Drilling

KazakhstanTransmeridian Exploration Inc., Houston, said its SA-1 well in South Alibek field in the North Caspian basin of western Kazakhstan has produced 170,000 bbl of oil since tests started in July 2003.The company has spudded the fourth of its seven-well program and plans to spud the fifth well this month. It started tests at the SA-2 and SA-4 wells.Transmeridian perforated 23 ft of additional pay at SA-1 in January and is considering even more perforations. The upper zones are not contributing to production because of formation pressure differences, and the well will require dual completion.Nevertheless, the well's February 2004 production was 30,000 bbl of oil, 15% more than the...

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