• The positive drilling and testing results on Block 56 are the most important takeaways from the 1Q22 results with a potentially positive impact on reserves and production.
• The Al Jumd-2 horizontal well flowed 700 bbl/d on test from a 430 m section. This is a very good result as it supports Tethys’ theory that horizontal wells in these reservoirs would materially boost production (the Al Jumd-1 vertical well flowed only 100 bbl/d). The company has decided to drill two further horizontal wells ....
11 May 2022
Tethys Oil AB (SSE: TETY): Al Jumd under the spot light
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Tethys Oil AB (SSE: TETY): Al Jumd under the spot light
Tethys Oil AB (TETY:OME), 0 | Tethys Oil AB (0A1V:LON), 4,800
- Published:
11 May 2022 -
Author:
Stephane Foucaud -
Pages:
5
• The positive drilling and testing results on Block 56 are the most important takeaways from the 1Q22 results with a potentially positive impact on reserves and production.
• The Al Jumd-2 horizontal well flowed 700 bbl/d on test from a 430 m section. This is a very good result as it supports Tethys’ theory that horizontal wells in these reservoirs would materially boost production (the Al Jumd-1 vertical well flowed only 100 bbl/d). The company has decided to drill two further horizontal wells ....