Max finds hydrocarbons at Kazakh field

Jun 10, 2014 12:00 AM

Kazakhstan-focused junior explorer Max Petroleum announced that the ZMA-E7 development well in the country's Zhana Makat field has found hydrocarbons in Jurassic sandstone reservoirs after hitting its targeting depth of 3,200 feet. Max said it now plans to complete the well and then place it on production as soon as possible.

The Zhanros ZJ-30 rig used to drill the well will now be mobilized to the Zhana Makat main camp where it will be stacked. This will ensure the rig is ready to drill the ZMA-E8 well once regulatory permission to drill the well is granted; Max expects permission to be granted during the third quarter of this year.

Max said that the estimated cost of drilling the ZMA-E8 well will be less than $1 million, in line with other wells drilled at Zhana Makat. The well will target a "potentially-significant" extension of the Zhana Makat field to the southeast of the existing appraised area.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.

Cover_242-width

The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


 

Upcoming Conferences
« June 2019 »
June
MoTuWeThFrSaSu
1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

Register to announce Your Event

View All Events