Area Drilling

Jan. 1, 2001
Enterprise Oil PLC, London, boosted to 18.6% its holding in Khanty Mansiysk Oil Corp., registered in Delaware.

Russia

Enterprise Oil PLC, London, boosted to 18.6% its holding in Khanty Mansiysk Oil Corp., registered in Delaware.

KMOC holds production licenses on 10 fields near Khanty Mansiysk in the Tyumen region of western Siberia. Production exceeded 11,000 b/d in third quarter 2000, up from 6,500 b/d in 1999. Not all of the fields are on line. A western engineering report attributed 420 million bbl of reserves to the fields.

The fields are East Kamennoye, Potanay-Kartopinskoye, Chernogorskoye, Paitykhskoye, Sredne-Nazymskoye, Galyanovskoye, Bolshoye, Olkhovskoye, Aprelskoye, and Tsentralnoye.

Nova Scotia

PanCanadian Petroleum Ltd. hopes to decide on commerciality of a stand-alone development of Panuke gas field on the Scotian shelf by Mar. 31, 2001.

The company's third appraisal well, M-79A, averaged 63 MMcfd of gas limited by test equipment. TD is 15,105 ft. The well had a horizontal sidetrack that cut 360 ft of net pay. The reservoir is now estimated to be 6-8 km long.

The well is 3 km east of the Panuke platform and 250 km southeast of Halifax (see map, OGJ, Mar. 20, 2000, p. 79).

Gulf of Mexico

IP Petroleum Co. and American Resources Offshore Inc., both of Houston, were to start production around yearend on High Island Block 37.

The 2 and 3 OCS-G-15769 wells each found Cris R sands on separate fault blocks and flowed a combined 30 MMcfd of gas and 150 b/d of condensate.

William G. Helis Co., New Orleans, and American Resources Offshore were to install facilities and begin production in first quarter 2001 from Galveston Block 418. The 1 OCS-G 18921 well flowed 7.4 MMcfd of gas from Cib op sands.

Louisiana

Swift Energy Co., Houston, was evaluating Cretaceous Saratoga limestone in Masters Creek field, Rapides Parish.

The 1-22 Swenco, with dual laterals a combined 3,500 ft long, flowed 2,300 b/d of oil and 4.8 MMcfd of gas on a 22/64-in. choke with 3,500 psi FTP from Saratoga at about 13,000 ft.

The 1-6 Temple re-entry, 41/2 miles northeast of 1-22 Swenco, flowed 534 b/d and 196 Mcfd of gas from Saratoga in third quarter 2000. Swift said numerous Masters Creek wells penetrated Saratoga enroute to developing oil in deeper Austin chalk. Data from those vertical wells indicate Saratoga may be prospective over 22,000 net acres with more than 30 locations on 1,000 acre spacing versus 2,000 acres for Austin chalk development.

Texas

Gulf Coast
Chesapeake Energy Corp., Oklahoma City, and Belco Oil & Gas Corp., New York, planned to begin operating three rigs in the Deep Giddings field after its 1H Ricks horizontal well in Washington County flowed 40 MMcfd of gas from a single lateral in Cretaceous Georgetown.

The flow came on a 24/64-in. choke with 5,000 psi FTP. The well returned its $2.8 million drilling and completion cost in the first 13 days of production in Decem- ber 2000. Chesapeake believes the George- town prospect may cover a large part of its 75,000 acre operated leasehold in the Navasota River and Independence areas.