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Pan Orient Energy Corp.-Thailand: NS5-D1 Tests at 240-440 bopd
CALGARY, ALBERTA--(Marketwire - Nov. 19, 2007) - Pan Orient Energy Corp. (TSX VENTURE:POE) -
NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
NS5-D1 Well (60% WI & Operator)
Pan Orient Energy Corp.\'s recently drilled Na Sanun East (\"NSE\") oil field well NS5-D1 has been flowing at rates of between 240 and 440 barrels per day (\"bopd\") of 35 degree API crude in addition to a BS&W currently averaging 4-6%. The well is on free flow through only the casing on a choke setting of 17/64 inch, and is currently shut-in on the tubing. Flowing casing head pressure is 60-120 psi and shut in tubing head pressure is 40 psi. The well will be put on beam pump over the next few days at which time it will be flowed through both the tubing and casing.
NS5-D1 was drilled within the central fault compartment of the NSE oil field, approximately 400 meters south of L44-H. The well penetrated the main volcanic reservoir in the structurally lowest position of any well drilled to date and reached total depth approximately 8 meters deeper than any previous well, below initially interpreted structural closure.
Current total field production capacity is now greater than 6,000 bopd with average deliveries to the refinery of over 5,000 bopd, the difference being the capacity of the current number of available trucks to deliver oil to the refinery. Trucking capacity is anticipated to increase to 5,800 bopd by month end. Negotiations are currently underway to bring on a third loading bay with 3,000 bopd capacity at the existing refinery and for a new sales contract at a second refinery, for an additional 6,000 bopd capacity, which would be subject to government approval of the Na Sanun East production license.
All other NSE wells continue to perform with restricted oil rates and very low water cuts.
L44H-D1 (60% WI & Operator)
The Aztec #14 rig is currently setting casing just above target on deviated well L44H-D1, located within the central fault compartment of the NSE structural closure with a subsurface target location approximately 700 meters south of L44-H. Total depth is anticipated to be reached within 5 days. This is the third well drilled into NSE\'s central fault compartment.
NS6-D1A Sidetrack (60% WI & Operator)
The Aztec #7 rig is currently setting casing just above target on deviated well NS6-D1A, located within the south fault compartment of the NSE structural closure approximately 400 meters north of the original POE-9 discovery well. Total depth is anticipated to be reached within 5 days. This is the fifth well drilled into NSE\'s southern fault compartment.
Pan Orient is a Calgary, Alberta based oil and gas exploration and production company with operations currently located onshore Thailand and in Western Canada.
- 相关回复 上下关系8
🙂i will sell it tomorrow 1 oiler2 字16 2007-12-12 14:52:26
🙂多谢油兄了 1 huky 字59 2007-12-13 08:57:28
🙂Congratulations! oiler2 字0 2007-12-13 09:21:38
☹️NS5-D1 Tests at 240-440 bopd
🙂What does this mean? 混天球 字44 2007-11-19 12:09:52
🙂It\'s not bad 骆驼 字36 2007-11-19 12:12:46
🙂今天一下涨了12% 骆驼 字154 2007-11-02 15:48:36
🙂哈哈 oiler2 字0 2007-11-03 21:07:47