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Thursday, 08 January, 2009, 23:30 GMT | more >>

Hungary salve for Toreador hunger



By Upstream staff 

Dallas-based Toreador Resources has flowed 1.7 million cubic feet of gas per day from the Kiha-15 re-entry well in Hungary.

Gas was flowed from a nine metres zone in Miocene-age Badenian carbonates which has estimated net pay of about 35 metres.

The company said that the well has estimated reserves of about 32.5 billion cubic feet of gas.

Toreador has also started operations on the Ot-Ny-5 re-entry well and expects to start production testing next week.

Meanwhile, preparations are under way to spud an exploration well in the Viperesti Block in Romania.

Naeni-2 will be drilled to a depth of 1400 metres to test the lower compartment of a overturned anticline in Miocene-age Sarmatian sands and will continue on to test some deeper Meotian sands.

A second well, Naeni-6, should spud next week, and is being drilled to 2000 metres to test the upper compartment of the Sarmatian overturned anticline as well as deeper horizons. The unrisked potential reserves of the Naeni prospect are estimated to be between 6 million and 50 million barrels of oil equivalent.


Thursday, 07 December, 2006, 02:06 GMT  | last updated: Thursday, 07 December, 2006, 09:55 GMT

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