Tethys receives Kazakh approval for Doris oil discovery

Oct 26, 2010 12:00 AM

Tethys Petroleum, which focuses on oil and gas exploration and production, has received Kazakh State approved oil reserves for its Doris oil discovery in Kazakhstan.

Tethys's wholly owned subsidiary TethysAralGas has received approved oil reserves (in C1 and C2 categories) from the Kazakh State Reserve Committee for the AKD01 Doris oil discovery.

On the G6RE (Dodone) well preparations are underway for the testing and acidization of the Upper Jurassic carbonate interval which would be carried out in conjunction with acidization of the same interval in the AKD02 (Doris NW) well.

Testing operations should commence shortly with initial results being available in November 2010, the company said. The AKD03 (Dione) exploration well is currently drilling ahead at a depth of 3,304 m.

A further interval with hydrocarbon shows has been encountered whilst drilling through the middle Jurassic sequence at approximately 3,000 m. This well is planned to penetrate the Triassic sequence and reach total depth of some 4,300 m in the Permo-Carboniferous. It is currently anticipated that total depth should be reached in mid-November 2010, the company added.

Acquisition of the initially planned 290.3 sq km of 3D seismic has now been completed and the survey has now been extended westwards to include the area around the Dodone prospect. Processing of the data is now underway.

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