Exploration & Development

Russia: Third Krasnoleninsky exploratory well spuds

June 26, 2012

International Petroleum Ltd., Perth, has spudded exploratory Well No. 4 at its Krasnoleninsky project in the Khanty-Mansiysk Autonomous Region of Western Siberia, Russia.

Alan Petzet

International Petroleum Ltd., Perth, has spudded exploratory Well No. 4 at its Krasnoleninsky project in the Khanty-Mansiysk Autonomous Region of Western Siberia, Russia.

The preceding exploratory wells No. 1 in license block 7 and No. 2 in license block 8 both discovered commercial quantities of oil. Well No. 4, the first well in block 10, is to go to 3,100 m true vertical depth. IPL holds 75% interest in four blocks that total 1,467 sq km. The other planned 2012 well is Well No. 3 in license block 9.

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.