Max Petroleum has reached a total vertical depth of 997 m (3,271 ft) with its ZMA-E7 development well in the Zhana Makat Field in Kazakhstan, encountering hydrocarbons in Jurassic sandstone reservoirs in line with expectations, according to a company news release. Max plans to complete the well and place it on production as soon as practicable.
The Zhanros ZJ-30 rig will next be mobilized to the Zhana Makat main camp where it will be stacked to ensure it is ready to drill the ZMA-E8 well once regulatory permission to drill the well is granted, expected in the third quarter of this year.
Recommended Reading
Geothermal Player Ormat Adds Capacity as Power Demand Rises
2025-02-28 - Ormat aims to grow its installed capacity to between 2.6 and 2.8 gigawatts by the end of 2028, CEO says.
Energy Transition in Motion (Week of Dec. 13, 2024)
2024-12-13 - Here is a look at some of this week’s renewable energy news, including the latest on explosive growth in grid-scale energy storage installations.
Energy Transition in Motion (Week of Jan. 25, 2025)
2025-01-24 - Here is a look at some of this week’s renewable energy news, including a bright outlook for solar power capacity additions in the U.S.
Energy Transition in Motion (Week of Feb. 28, 2025)
2025-02-28 - Here is a look at some of this week’s renewable energy news, including SMT Energy securing funding for a battery energy storage facility in Houston.
Phillips 66 Taps NextEra for Solar Power at Rodeo Renewable Complex
2024-12-10 - The solar facility owned and operated by NextEra Energy Resources will consist of more than 70,000 solar modules, Phillips 66 said