Max Petroleum strikes potential oil pay zones in Kazakhstan

Oct 28, 2010 12:00 AM

UK based oil and gas explorer Max Petroleum said that electric logs and oil shows observed during drilling indicate potential oil pay zones in the UTS-1 exploration well on the Uytas prospect in Block A in Kazakhstan.

The electric logs and oil shows suggests potential pay zones in the well, including 8m of estimated net oil pay in the Jurassic formation between 331 m and 339 m in depth, and 6 m of estimated net oil pay in the Triassic section between 785 m and 800 m in depth. The company said that the well has reached the total depth of 827 m.

The electric logs and pressure data also indicate an estimated 16 m of net oil pay in the shallower Cretaceous section as part of a potentially significant 86 m oil column ranging from 60 m to 146 m. The company expects to commence the testing of the well in approximately one month using a workover rig upon receipt of the required government approvals.

Following the running of the production casing in the well, the ZJ-30 drilling rig will move on to drill the Sekir West prospect in Block A.

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