Azerbaijan, Baku, June 11 / Trend E. Kosolapova/
Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, has commenced drilling the UTS-8 appraisal well in the Uytas Field on Block A, the company reported.
The well is being drilled with the use of Zhanros' ZJ-20 drilling rig.
The well will be drilled to a total vertical depth of 900 metres targeting Cretaceous, Jurassic and Triassic reservoirs. The location of the UTS-8 well is beyond the current limits of the field that are estimated to contain contingent resources.
If successful, the UTS-8 well could significantly extend the Western limits of the Uytas Field.
Earlier the company discovered no hydrocarbons in the UTS-5 exploration well on the Uytas North prospect on Block A.
"The well reached a total depth of 931 meters without encountering producible hydrocarbons and will be plugged and abandoned," the company said.
Max Petroleum Plc is an oil and gas exploration and production company focused on Kazakhstan. The company holds 100 percent of the Blocks A and E at the license area covering over 12,455 squire kilometers in the highly prolific Pre-Caspian Basin in West Kazakhstan.
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