UK JKX Oil & Gas Spuds Shkorpilovtci Well in Bulgaria
Britain's JKX Oil & Gas said the Shkorpilovtci South West R-01 exploration well in east Bulgaria spudded successfully on October 17.
UK JKX Secures Weatherford Rig for Drilling in Bulgaria
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The rig is set up for Bulgaria bit after JKX signed Weatherford for two onshore wells. Photo by www.upstreamonline.com
Britain's JKX Oil & Gas, the operator of the B1-Golitza license in Bulgaria, has signed on a CCC-500 drilling unit through Weatherford for two wells in Bulgaria’s onshore B1-Golitza Block, the company announced.
It is expected that the two wells will spud in the middle of the third quarter and the beginning of the fourth quarter of 2010, respectively.
The first well in the program, SOS, will test a potential 20-30 Bcf prospect at 1,500 meters, up dip of the depleted Stary Oryahovo gas field, discovered in the 1960s. Results of this well are expected in early October 2010.
The second well, S54, will also be testing a potential 20-30 Bcf prospect at a depth of 600 meters with results expected by the end of the fourth quarter of 2010.
Interests in the B1-Golitza block are held by JKX (40%), Balkan Explorers (Bulgaria) Limited (a 100% subsidiary of Aurelian Oil and Gas PLC) (30%) and Sorgenia International B.V.
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