Premier said in a press release on April 16 that Talos Energy, the operator of Block 7 offshore Mexico, successfully conducted a drill stem test of the Zama-2 side track well (Zama-2ST1).
This follows the successful Zama-2 appraisal well which completed in January.
Drill stem test operations were successfully conducted on Zama-2ST1 and a combined oil flow rate of 7,426 barrels per day of oil was achieved from two separate flow tests over a total perforated interval of 248 ft. As planned, rates were restricted due to limited drawdown to prevent sand production. Flow and pressure measurements indicate a prolific reservoir.
The Zama-2ST1 logged 873 ft of gross oil bearing reservoir with a net-to-gross ratio of c. 70%, in line with expectations. In addition, 714 ft of whole core was cut with 98% recovery.
The rig will now move to drill the third and final Block 7 appraisal well (Zama-3) to confirm lateral reservoir continuity and quality in the southern part of the field. The program remains ahead of schedule and under budget.
“We are very pleased by the productivity demonstrated by this well and we continue to collect further evidence that Zama has a world-class reservoir with excellent quality and well-connected sands. This has positive implications for the expected ultimate recovery from the field and will help us to optimize the field development. We look forward to the conclusion of the Block 7 appraisal program with the Zama-3 well,” Tony Durrant, Premier’s CEO, said.
Recommended Reading
Energy Transfer, Sunoco Announce Team Up in Permian Basin JV
2024-07-16 - Energy Transfer LP and Sunoco LP have formed a partnership that will operate more than 5,000 miles of crude oil and water gathering pipelines in the Permian Basin with crude oil storage capacity in excess of 11 MMbbl.
D-J’s Elevation Midstream, ARB Midstream Subsidiary to Merge
2024-07-08 - Elevation Midstream and Platte River Holdings, a subsidiary of ARB Midstream, are merging to create a D-J Basin midstream company of scale.
Blackstone Buys Enagás’ Tallgrass Stake for $1.1 Billion
2024-07-11 - Spain’s Enagás is selling its Tallgrass Energy interests to Blackstone Infrastructure Partners in exchange for some needed capital.
Summit Sees Drop-off in Gas Traffic Following Utica Midstream Sale
2024-08-09 - Summit Midstream spent the second quarter reorganizing and raising cash for the future, the company's CEO said.
Montney Pure-play Advantage Energy Makes $326MM Acquisition
2024-06-11 - Calgary-based Advantage Energy is acquiring undeveloped inventory and around 14,100 boe/d of production in a CAD$450 million (USD$326.77 million) deal with a private seller.