Gulf Oil and Gas accountACCOUNT

Interra Commences Drilling in Myanmar

Source: www.gulfoilandgas.com 2/11/2014, Location: Asia

Interra Resources Limited wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc, has commenced drilling development well CHK 1180 in the Chauk oil field in Myanmar.

Interra has a 60% interest in the Improved Petroleum Recovery Contract of the Chauk field and also owns 60% of Goldpetrol which is the operator of the field. CHK 1180 is being drilled using hired ZJ 750 rig to a total measured depth of 3,400 feet. Interra’s share of the cost of drilling will be funded from existing funds on hand.

CHK 1180 will be the third well drilled directionally under the Ayeyarwaddy River in northern Chauk field as a north offset to the very successful first well, CHK 1176, which was completed in December 2013 at 185 barrels of oil per day and is currently producing 160 barrels of oil per day and no water. The second, CHK 1178, was completed as an oil producer as announced separately.

CHK 1180 will be the most challenging of the three with a planned deviation of over 38 degrees and a lateral displacement of over 1,300 feet. The primary objective is to accelerate production from the oil reservoirs that produce from CHK 1176 and older wells in this fault block.

Interra estimates that the results of the drilling and completion should be available in approximately six weeks. The Company will announce the results of the drilling operation as soon as they may be ascertained as well as updates reflecting critical or unexpected events during drilling.

Drilling News in Myanmar >>

Egypt >>  6/3/2019 - Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, is pleased to...
Norway >>  5/24/2019 - MOL Norge, operator of production licence PL 539, is in the process of concluding the drilling of wildcat well 3/7-11 S. The well was drilled about 7 ...

Australia >>  5/21/2019 - JV partner Carnarvon Petroleum has provided an update on the drilling of the Santos-operated Dorado-2 well. Since the last report the 12-1/4” hole has...
Egypt >>  5/21/2019 - Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, has commenced drilling operations on 20 May at its Merak-1 well,...

Australia >>  1/29/2019 - JV partner Carnarvon Petroleum has announced that operator Santos will drill the Roc-South-1 exploration well in 2019. The well will be drilled immedi...
Azerbaijan >>  1/29/2019 - • SOCAR conducted over 160,000 meters of drilling work in the year1 ...

Related Categories: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 

Related Articles: Artificial Lift  Cementing, Stimulation  Directional Drilling  Drilling  Drilling Engineering & Equipment Systems  Enhanced Oil Recovery  General  Logging, Perforating, Testing  Offshore Drilling  Reservoir/Completion Consultants  Workover & Well Services  Workover Rigs/Services 


Myanmar Oil & Gas 1 >> 

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.