Drilling commences on Lithuanian Raseiniai license

Tethys Oil AB has spud the Bedugnis-1 well, which is targeting Silurian reefs at a total measured depth of 1,100 m. The Raseiniai license covers 1,535 sq km onshore Lithuania, and the three-well program is drawing from 80-sq km of 3D seismic data acquired in 2014.

Tethys Oil AB has spud the Bedugnis-1 well, which is targeting Silurian reefs at a total measured depth of 1,100 m. The Raseiniai license covers 1,535 sq km onshore Lithuania, and the three-well program is drawing from 80-sq km of 3D seismic data acquired in 2014.

In 2013, the Lapgiriai-1 confirmed the presence of oil in the Raseiniai’s Silurian limestone formation with small amounts produced to surface. Drilling and evaluation are expected to continue for 45 days, Tethys said.

Bedugnis-1 will be followed by two more wells. Tethys Oil has a 30% indirect interest in the license.

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