Baku, Azerbaijan, Jan. 22
By Elena Kosolapova - Trend: Kazakh Rozhkovskoye oil and gas condensate field at the Fedorovskiy block is under testing, Kazakh KazMunaiGas Exploration Production company said on Jan. 22.
"Drilling of three pre-salt wells (U-11, U-26, U-24) at Rozhkovskoye field ...was completed in 2013. Production testing of U-11 well resulted in a flow rate of 156,000 cubic meters per day of gas and 152 cubic meters per day of condensate. As announced, the production testing of U-26 well resulted in a flow rate of 239 thousand cubic meters per day of gas and 247 cubic meters per day of condensate. The third well is expected to be tested in the first half of 2014," the company said.
"NIPINeftegas" JSC has prepared a report on reserves at the Rozhkovskoye field based on the results of exploration activities carried out on the block since 2010, according to KMG RP. The report is currently being revised by Kazakh State Reserves Committee. KMG EP expects to receive the approved the reserves report in the first quarter of 2014.
Since 2003, ten exploration wells have been drilled at Fedorovskiy block, of which eight were successful, one currently awaits testing and one was dry.
KMG EP is among the top three Kazakh oil and gas producers. The overall production in 2013 was 12.4 million tons (an average of 251,000 barrels of oil per day) of crude oil, including the company's share in Kazgermunai, CCEL and PKI. The company's total consolidated volume of proved and probable reserves including shares in the associates, as at the end of 2012 was 204 million tons (1.5 billion barrels), out of which 148 million tones (1.1 billion barrels) belongs to Ozenmunaigas and Embamunaigas.
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