Zenith Energy has increased the flow rate in the largest onshore oilfield in Azerbaijan.
The dual listed international oil & gas production company announced earlier this week that it had broken through and made contact with an additional payzone in well C-21 in the Jafarli field.
Today the firm that it is is now flowing at an increased rate of 35 BOPD following the identification of an additional 7.8 metres of unexploited pay zones that have been perforated in the Middle Eocene geological structure.
he Company on October 6, 2017, this technology had never been employed previously in its Azerbaijan operations.
Zenith’s operational team now intends to install an electric submersible pump (ESP) to draw down the formation pressure with the objective of further increasing oil production from well C-21.
Meanwhile a workover of well Z-28 in the Zardab field began on October 7.
The company’s operational team expects the workover to be completed by mid-November 2017.
Mike Palmer, chief operating officer, Zenith Aran, the Company’s Azerbaijan-based fully owned subsidiary, said: “We are starting to build momentum and our systematic field rehabilitation activities are progressively delivering positive outcomes.
“This is the gradual result of the new technologies we are employing in our operations, as well as the strengthening of our operational skillset and understanding of the field’s geology.
“What is most encouraging is the fact that there are a significant number of wells across the field, which are either significantly underperforming or non-producing, where similar results to those achieved at wells C-21 and C-26 can be replicated successfully with very contained operational outlays.
“I am very excited about our journey ahead.”