Russia: Second Krasnoleninskiy well finds oil

By OGJ editors
HOUSTON, June 1 -- International Petroleum Ltd., Perth, encountered oil at the second well at its Krasnoleninskiy project in Western Siberia, Russia.

Preliminary analysis of core taken from Well No. 2 indicate that 23 m of Bazhenov formation were penetrated with fractured core over 1.8 m. This layer will be evaluated with wireline logging and then considered for testing later. In the Upper Tyumen formation, 15.4 m of oil-saturated core has been recovered at 2,703-30 m.

Meanwhile, a drillstem test on Well No. 1 produced 1 cu m of pure oil during a 2 hr limited drawdown test on the Upper Tyumen formation. A similar DST on Well No. 2 produced 4 cu m of oil and mud filtrate during a 2 hr limited drawdown test on the Upper Tyumen formation.

The company said it still has a number of horizons to penetrate and evaluate in both wells.