Turkmenistan: Dragon Oil Puts Another Offshore Well on Stream

Dragon Oil plc, an international oil and gas exploration, development and production company, announces the completion and initial testing of the Dzheitune (Lam) 28/164 development well, offshore Turkmenistan.

The well was drilled to a depth of 1,865 metres and completed as a single producer by the NIS rig. The well tested for initial production at 3,018 barrels of oil per day. The NIS rig has skidded to the next slot and has spudded the Dzheitune (Lam) 28/166 development well.

The Iran Khazar rig is currently drilling the Dzheitune (Lam) A/165 well. The Dzheitune (Lam) 13/163 well has encountered low oil producing zones and is being completed in shallower reservoir intervals. Rig 40 has been moved to perform a sidetrack of the Dzheitune (Lam) 13/140 well.

Dr Abdul Jaleel Al Khalifa, Chief Executive Officer, commented:

“Having successfully put on stream the Dzheitune (Lam) 28/164 well, we reached the production rate of 70,000 barrels of oil per day. This solid progress gives us further comfort in achieving the target gross production growth of above 25% for 2011.”

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Offshore Energy Today Staff, December 16, 2011; Image: Dragon Oil