Tevét -2 ST1 Appraisal / Exploration Well, (PSC B), Progress and Current Status: Since the last update on 18 October 2005 the ‘Stena Tay’ drilling rig has successfully run and cemented the 7 inch liner and has then drilled 6 inch hole through the Cretaceous objective to a final total depth of 3,914 metres. Well control has been a primary consideration whilst drilling the 6 inch section with a number of kick / loss events occurring and background gas (C1-C5) being observed at surface. Whilst the evidence of hydrocarbons is encouraging, the open hole data does not show evidence of extensive reservoir development.
As at midnight on the 24 October the well was being conditioned prior to pulling out of hole to commence wireline logging operations.
The Tevét-2 well is located 2.5 kilometres to the South of the Miocene discovery well Tevét-1, and lies in a water depth of 466 metres.