Petroceltic wraps up drilling on Isarene permit with success at INW-2 well
02 February 2010
Petroceltic International has successfully tested the fifth and final well to be drilled on its Isarene permit in Algeria’s Illizi basin.
Well INW-2 lies on the Issaouane North West structure of the Isarene block and successfully flowed gas from its primary objective, the Devonian F2 formation. The secondary Ordovician objective did not encounter any reservoirs with effective permeability. Nevertheless, the well test rate reached 16.7 million standard cubic feet per day (MMscf/d) without the benefit of fracture stimulation.
Well INW-2 was drilled by Petroceltic, which holds a 75% stake and operatorship of the well, in partnership with the Algerian oil & gas company Sonatrach. Testing and sampling operations at the well have now finished and it has been completed for possible future use as a production well.
The Issaouane North West structure is the fourth separate structure to be tested at a potentially commercial rate by Petroceltic on the Isarene permit. Previously, the company has successfully tested gas on this licence from the Ain Tsila field, the Hassi Tab Tab field and the ISAS field.
Brian O'Cathain, Petroceltic’s chief executive, said: “This is the highest gas flow rate recorded from a single Devonian zone in the Illizi basin to date. We are now preparing to submit a request to our partner, Sonatrach for an extension of the PSC into a delineation phase. We expect to be returning to the field for further appraisal drilling in Isarene later in 2010.”
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