Baltic Basin Well Has Estimated Output Of 117 MMcf/d.

Drilling Activity Details

Locations

Poland

Operators
Plays
Post Date
Well Name
#4K-Tuchola
Geo Coordinate

Drilling Activity Summary

Description

FX Energy has estimated that exploration well #4K-Tuchola in its operated Edge Concession in Poland's Baltic Basin will produce 117 MMcf/d of gas. The London-based company indicated that the anticipated output is based on the initial production test in the well, which had a calculated absolute open flowrate of 117 MMcf/d, compared to the calculated absolute open flowrate at #3K-Tuchola of 98 MMcf/d. The estimated initial stabilized production rate for the two wells combined is expected to be approximately 24 MMcf/d when production starts. FX plans to complete #4K-Tuchola and run another production test to confirm the estimates of recoverable reserves and the gas composition for the field. The Tuchola wells are in the company's 730,000-acre Edge license area, which FX operates with 100% interest.