Development under Trillion Energy’s (CSE: TCF) multi-well program continues apace, with the firm now drilling its fifth well under the program.
Trillion has officially spud the fifth well, to be known as Bayhanli-2, within its SASB gas field in the Black Sea, off the coast of Turkey. The well is said to be targeting a previously discovered gas pool that has not yet been put into production.
Furthermore, Trillion has indicated that the pool is a “significant target,” which may require additional wells to fully produce the known economic reserves. The firm’s website currently suggests 2-5 wells may be needed to fully produce the gas pool.
A long reach directional well bore is currently being used to place the pool into production. The well itself is expected to reach a total measured depth of 3,400 metres, and a vertical depth of approximately 1,200 metres, extending from the East Ayazli offshore tripod.
Drilling has currently been completed to a depth of 496 metres, with the time for drilling, casing, perforation, and testing currently anticipated to take approximately 45 days.
Trillion Energy last traded at $0.385 on the CSE.
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