Dragon completes Caspian Sea well test

The Iran Khazar jackup has completed initial testing of the Dzheitune (Lam) A/127 well on schedule, which was drilled to a depth of 3,627 m (11,900 ft).

Offshore staff

DUBAI, UAE -- The Iran Khazar jackup has completed initial testing of the Dzheitune (Lam) A/127 well on schedule, which was drilled to a depth of 3,627 m (11,900 ft). The well is in the Cheleken contract area in the Caspian Sea, offshore Turkmenistan.

The well initially tested at a combined flow rate of 3,674 b/d of oil from the short and long strings on 20/64ths choke. Testing of the individual short and long strings resulted in production rates of 1,852 b/d of oil and 1,822 b/d of oil, respectively. Further testing and optimization is scheduled.

TheCIS-1 rig has commenced drilling on the 8 ½-in. (22-cm) hole section of the Dzheitune (Lam) 22/128 well and it is expected that the well will be completed in July 2008.

TheIran Khazar rig has since skidded a slot on the Dzheitune (Lam) A platform and will spud a further development well, Dzheitune (Lam) A/129. The new development well has a target depth of 4,212 m (13,819 ft) and is expected to come on production in August 2008.

06/05/2008

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