Arawak Announces Further Drilling Success, Increased Production Capacity in Russia and Kazakhstan

Source: www.gulfoilandgas.com 4/23/2008, Location: Asia

Arawak Energy Limited had total production from Kazakhstan and Russia in the first quarter 2008 averaging more than 11,820 bopd, with Kazakhstan production being partly curtailed in March due to both the seasonal snowmelt and regulatory constraints at Besbolek. Total production capacity from Kazakhstan and Russia currently stands at around 13,250 bopd.

Arawak has achieved production from new area in Russia. Exploration well 64 at the North Irael field has encountered oil in a previously undrilled pool in the centre of the block. Oil was also encountered at a deeper horizon than previously found, adding to reserves as well as proving up oil in the expected productive horizon. The well is currently being flow tested, but early indications are that the well has a capacity to produce at least 250 bopd.

The 80 sq km 3D seismic shoot at North Irael is now complete. Processing is currently underway and post interpretation, revised mapping will be available in June. The 40 sq km 3D seismic shoot over the newly acquired South Sotchemyu block is also approaching completion with interpretation and maps expected in the third quarter.


United States >>  7/1/2022 - As the second step in a three-step planning process, the Department of the Interior issued the “Proposed Program” for the National Outer Continental S...
United States >>  7/1/2022 - On July 1, 2022, the Department of the Interior (DOI) announced the availability of the Proposed Program for the 2023-2028 National Outer Continental ...

United Kingdom >>  6/28/2022 - Baron Oil Plc, the AIM-quoted oil and gas exploration company with projects in SE Asia and the UK, announces that at the Annual General Meeting of the...
Egypt >>  6/27/2022 - Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, discussed with Roger Planck, Chairman of the Board of Directors of the American ...

Mongolia >>  6/27/2022 - The AIM-listed Mongolian oil explorer Petro Matad Limited ("Petro Matad" ) releases its audited final results for the fiscal year that ended on Decemb...
Uruguay >>  6/27/2022 - With assets in oil production, appraisal, development, and exploration across the region, Challenger Energy (CEG), an oil and gas company with a focus...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.