Transeuro Energy: Ukraine Drilling Ahead at 3,364 Metres

 

The well is drilling ahead at a depth of 3,364 metres with continuous background gas and connection gas up to 20% by volume. Following the gas kick at 3,332 metres, the mud weight was increased to 1.35 s.g (specific gravity) and drilling resumed. A further gas kick occurred and mud weight was again increased, up to 1.47 sg. Drilling has again resumed, but the Rate of Penetration (ROP) has now dropped to 1 metre/hour and is expected to remain low until the middle of the C14 interval.

Over the next week the Company expects to drill to the ‘Total Depth’ (TD) of around 3,520 metres. Further pressure step increases may be encountered based on the data from nearby wells.

[mappress]

Source: Transeuro Energy, February 8, 2011;