Russia: Second Kranoleninskiy oil find tested

International Petroleum Ltd., Perth, said it gauged oil at a second discovery well at its Krasnoleninskiy project in the Khanty-Mansiysk Autonomous Region of Western Siberia, Russia, and will stimulate both wells in January 2012.

Alan Petzet

Aug. 16, 2011

Well No. 1 flowed 35 b/d of oil, natural, establishing commerciality from the J2-3 formation at 2,647-65.5 m. Earlier this month, Well No. 2 flowed 38 b/d, natural, from the J4 formation at 2,740-45 m.

The company is testing other prospective intervals in both wells.

About the Author

Alan Petzet

Chief Editor Exploration

Alan Petzet is Chief Editor-Exploration of Oil & Gas Journal in Houston. He is editor of the Weekly E&D Newsletter, emailed to OGJ subscribers, and a regular contributor to the OGJ Online subscriber website.

Petzet joined OGJ in 1981 after 13 years in the Tulsa World business-oil department. He was named OGJ Exploration Editor in 1990. A native of Tulsa, he has a BA in journalism from the University of Tulsa.