The O-8 well, which is located in the southern part of the Olgovskoye field, was designed to target the gas-bearing reservoirs of the Lower Bashkirian.
The company began the drilling on the well on 17 November that reached a total depth (TD) of 2,780m on 3 January .
Wireline logging of the open hole identified, depending on the petrophysical cut-offs used, up to 135m of hydrocarbon-bearing pay over 35 reservoir intervals and the well was cased to TD in preparation for completion as a producing gas well.
With the recent tie-in of the O-7 well, the Olgovskoye field now produces from four wells (O-3, O-4, O-5 and O-7) with each well producing from a separate horizon.
The drilling rig is now being moved to the O-9 location, which is located within the Olgovskoye license area approximately 1.2km to the northwest of the O-8 well.
The O-9 well, which has a planned TD of 2,600m, is designed to test gas-bearing reservoirs in the Lower Bashkirian and further develop the gas production capability of the Olgovskoye field.
A 120sq km 3D seismic acquisition program commenced at the end of January that is designed to cover the entire Olgovskoye and Makeeyevskoye license areas.
