Results Announced from Thrace Basin Testing in Turkey
Drilling Activity Details
Drilling Activity Summary
Description
Calgary-based Valeura Energy announced results from exploration well #1-Devepinar in the Banarli licenses in Turkey’s Thrace Basin. The company tested three stimulated intervals in the well and performed a production test in a 125-m section between 4,640 and 4,765 m. The average flow rate over the 11-day comingled test period was 908 Mcf of gas per day with the final 24-hour rate of 462 Mcf. According to the company, the comingled test yielded gas flow rates that may indicate that each of the three stimulations contacted a common fracture network. Future work may include long-term testing of the stimulated zone, tests shallower in the well bore and further geotechnical study. Valeura is the operator of the Banarli licenses and #1-Devepinar, with 50% interest in partnership with Equinor, holding the remaining 50%.
Calgary-based Valeura Energy announced results from exploration well #1-Devepinar in the Banarli licenses in Turkey’s Thrace Basin. The company tested three stimulated intervals in the well and performed a production test in a 125-m section between 4,640 and 4,765 m. The average flow rate over the 11-day comingled test period was 908 Mcf of gas per day with the final 24-hour rate of 462 Mcf. According to the company, the comingled test yielded gas flow rates that may indicate that each of the three stimulations contacted a common fracture network. Future work may include long-term testing of the stimulated zone, tests shallower in the well bore and further geotechnical study. Valeura is the operator of the Banarli licenses and #1-Devepinar, with 50% interest in partnership with Equinor, holding the remaining 50%.