Serinus Energy PLC discovered gas in the Sancrai-1 well about 7.8 km south of the Moftinu gas development project on the Satu Mare concession in northwestern Romania’s Pannonian basin (OGJ Online Oct. 14, 2020).
The well was drilled to a total depth of 1,600 m 5 days ahead of schedule and about 19% below budget. Continuous formation gas shows were recorded over 20 m of gross pay over four sand intervals from measured depths of 855-875 m. At this interval measured total gas was 5.5-11.1% with an estimated average porosity of 23-27%. Open-hole petrophysical analysis further confirmed a gas-bearing Pliocene sand zone.
Serinus will perforate and test the Pliocene sand zone prior to completing the well for future production.
The proximity of Sancrai-1 to the 15-MMcfd Moftinu gas processing plant allows the well to be put on commercial production while drilling additional appraisal development wells into the structure to fully delineate the gas field.
Serinus has 100% working interest in the concession.