The Snow Leopard-1 well (100% Petro Matad) was drilled to total depth of 2,930m in granitic basement. No sands were encountered in the shallow target, although gases (C1 to C5) and an oil sheen were observed in the drilling mud. The deeper objective encountered an overall gross interval of more than 400m. However, no oil or gas shows were observed and the interval was found to be water-bearing. Once operations to plug and abandon the well are complete, the rig will move to the Wild Horse pros
20 Sep 2018
PetroMatad - Snow Leopard – potential breached fault seal
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PetroMatad - Snow Leopard – potential breached fault seal
Petro Matad Limited (MATD:LON) | 3.9 0 2.6% | Mkt Cap: 43.4m
- Published:
20 Sep 2018 -
Author:
Sanjeev Bahl -
Pages:
2
The Snow Leopard-1 well (100% Petro Matad) was drilled to total depth of 2,930m in granitic basement. No sands were encountered in the shallow target, although gases (C1 to C5) and an oil sheen were observed in the drilling mud. The deeper objective encountered an overall gross interval of more than 400m. However, no oil or gas shows were observed and the interval was found to be water-bearing. Once operations to plug and abandon the well are complete, the rig will move to the Wild Horse pros