STOCKHOLM -- The Morskaya-1 exploration well in the Lagansky block, northern Caspian Sea has encountered a major oil accumulation in the Aptian and Neocomian sandstone reservoirs, according to Lundin Petroleum. Minor amounts of gas were encountered in the overlying Albian reservoir.
The well was drilled to a depth of 2082 m (6,831 ft) in a water depth of less than 2 m (6.5 ft). A significant amount of cores, wireline logs, and reservoir fluid samples have been acquired; the company now plans to test at least two of the well's hydrocarbon bearing reservoirs.
Following testing of the Morskaya-1 well, the Marine Drilling Complex (MDC) will be transported to the Laganskaya-1 well, where drilling is expected to begin at the end of September.
Lundin Petroleum plans to drill another two wells in 2009. The Petrovskaya-1 well will target a large anticline to the northwest and on trend with the Morskaya discovery. The second well will most likely be an appraisal well of the Morskaya discovery, according to the company.