Gas discovery in first well of Edirne drilling
Posted: 07 April 2008
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Incremental Petroleum has discovered almost three times the projected gas play in Ikihoyuk-1, the first well in the Edirne 2008 onshore drilling campaign in Western Turkey.
According to the company, Ikihoyuk-1 well discovered 28 metres of net gas play, based on wireline log analysis, between 323 metres and 468 metres. Average porosity is excellent at 26%. Total depth of the well is 520 metres.
The play is deeper than prognosed, adding significantly to preliminary mapped reserves (based on the greater gas compressibility at depth). Ikihoyuk was drilled without incident and is total exploration costs are currently approximately 15% below budget, the company said.
Ikihoyuk-1 will be flow tested, along with any other discoveries at the end of the 5-well drilling campaign, anticipated to last about six weeks.
The Ikihoyuk structure is one of 17 structures mapped on the 2007 3D seismic and is a downthrown fault trap.
The excellent results from this first well, together with gas previously discovered in the 2007 exploration campaign, continue to build the resources needed for substantial gas development in Edirne.
The partners in the Edirne Gas project are Incremental Petroleum 55%, Otto Energy 35% and Petraco, as joint operator, with 10%. |
