Premier Oil PLC Successful well test of the Zama discovery (2701W)
16 Abril 2019 - 01:01AM
UK Regulatory
TIDMPMO
RNS Number : 2701W
Premier Oil PLC
16 April 2019
Premier Oil plc (Premier)
Successful well test of the Zama discovery
16 April 2019
Premier notes the press release by Talos Energy, the operator of
Block 7 offshore Mexico, announcing the successful drill stem test
(DST) of the Zama-2 side track well (Zama-2ST1). This follows the
successful Zama-2 appraisal well which completed in January.
DST operations were successfully conducted on Zama-2ST1 and a
combined oil flow rate of 7,426 bopd was achieved from two separate
flow tests over a total perforated interval of 248 feet. 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 feet of gross oil bearing reservoir
with a net-to-gross ratio of c. 70%, in line with expectations. In
addition, 714 feet 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 programme remains
ahead of schedule and under budget.
Tony Durrant, Chief Executive, commented:
"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 optimise the field
development. We look forward to the conclusion of the Block 7
appraisal programme with the Zama-3 well."
Enquiries
Premier Oil plc Tel: 020 7730 1111
Tony Durrant, Chief Executive
Dean Griffin, Head of Exploration
Camarco Tel: 020 3757 4983
Billy Clegg
James Crothers
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END
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