Area Drilling

09/19/2005
Georgia RepublicFrontera Resources Corp., Houston, let a contract to Turkish Petroleum International Co. Ltd. to drill lateral or horizontal extensions from existing wells in Frontera’s Taribani field Unit on Block 12 in the Kura basin. The contract covers 3 wells with an option to drill 6 more wells. The first reentry is to start in late November 2005.Partly developed Taribani field covers 80 sq km with Miocene and Pliocene reservoirs at 2,200-3,500 m. Consulting engineers assign 118 million bbl of proved, probable, and possible reserves to four of 12 identified horizons.ThailandThe NuCoastal-PetroWorld partnership plans to seek approval to develop Bua Ban (blossom lotus) field on ...
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