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Dragon Oil (LON:DGO.L) report: Drilling update – Dzheitune B/148, 28/149 wells
October 29, 2010, Friday, 18:45 GMT | 13:45 EST | 22:15 IST | 00:45 SGT
By Daniel Stewart & Co
- The B/148 well is the third to be drilled from the Dzheitune B platform and reached a depth of 3,858m.
- Testing of the dual string resulted in production of 1,556b/d and 1,083b/d respectively. The drilling rig, Iran Khazar, is now drilling the B/150 well
- The Dzheitune 28/149 well drilled to 3,295m and also completed with a dual string which tested at 1,866b/d and 2,513b/d. The drilling rig, NIS, has skidded to the next slot and will begin drilling the 28/151
- Both wells are expected to be put on production by the end of the year
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