Area Drilling

BangladeshNiko Resources Ltd., Calgary, gauged a stout gas discovery on the Feni Block, where it hopes to start commercial production within days.Feni-4, directionally drilled to 3,100 m on the basis of 3D seismic data, flowed 16 MMcfd of gas from each of two previously untested zones on cased hole production tests constrained by equipment capacity.The well, which Niko described as its most successful on the Feni Block, encountered multiple productive sands. Niko was testing the other zones.Feni-4 and Feni-3 were to be put on production shortly via the main pipeline to Chittagong. Niko moved the rig to the Feni-5 drill site. Feni-3 tested gas from two zones. Niko operates Feni with 80% wo...

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