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Lundin Petroleum's Caspian Sea exploration well is flowing

The marine drilling complex used to drill the well will now move to spud Laganskaya-1 at the end of September. Lundin also plans to drill another two wells in 2009.

Published Jul 22, 2008
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Sweden’s Lundin Petroleum said its Caspian Sea Morskaya-1 exploration well has flowed at rates of 2,500 b/d of oil during tests.

Lundin said two drill stem tests were carried out on the well in the Laganskaya Block and that the Neocomian formation was perforated over a 23ft (7m) interval and tested at 1,700 b/d. The Aptian formation was perforated over 69ft (21m) and tested at 800 b/d of oil.

Due to time constraints associated with the North Caspian drilling season, however, the shal¬lower gas bearing Albian reservoir was not tested, but will be tested in future appraisal wells.

The marine drilling complex used to drill the well will now move to spud Laganskaya-1 at the end of September. Lundin also plans to drill another two wells in 2009.