TURKMENISTAN: Dragon breathes life into Turkmen oilfield

TURKMENISTAN: Dragon breathes life into Turkmen oilfield
Dublin-based Dragon Oil heralded a coveted 40,000-barrel-a-day production milestone to start 2008 on the strength of Caspian Sea wells, just as its latest Turkmen effort test-flowed over 3,200 bpd.

Reworking the Turkmeni Dzheitune (Lam) field has given the company a new production well, A/123, just another, 22/124 reached total depth under the drilling of platform rig CIS-1. Meanwhile, the Iran Khazar jack-up rig has moved to spud well A/125.

Company chief exec Hussain Sultan said a meeting with the president of Turkmenistan on Boxing Day brought agreement for a move to exploit the gas locked in the Chelekan License.


Via: Scandinavian OiL

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