Trillion Energy Hits 32.0 Metres Of Potential Net Gas Pay In First Well
Trillion Energy (CSE: TCF) has completed drilling on its first well within its multi-well drill program at the SASB gas field. The completion comes right on schedule, with drilling having begun on September 19.
Referred to as the South Akcakoca 2 well, the well was drilled to a total depth of 2,826 metres. In terms of true vertical width, the well hit a depth of 1,543.6 metres.
Logging while drilling has indicated that potential natural gas pay occurs over 32.0 metres (104 feet), which occurs across five sands in the Akcakoca Member, the production zone for the SASB gas field. Two sands are said to be over 10 metres of gas pay each, with logging also highlighting that gas sands had natural gas detected at surface.
“The preliminary identified gas pay thickness already confirms our geological model used in our drilling location selections. We eagerly anticipate receiving the tested actual gas flow rates, which will occur soon,” commented CEO Art Halleran.
The company will now look to complete the well, as well as conduct perforation and testing in the oncoming days, which will determine production rates for natural gas.
WATCH: Energy Markets “Will Still Be Oil & Gas” — With Arthur Halleran of Trillion Energy
“We are very pleased to have successfully drilled the first directional well in our multi-well program at SASB. This well was drilled on budget, both in time and capital so demonstrates proof of concept for drilling long reach direction wells from existing platforms to tap the new natural gas pools,” continued Halleran.
Trillion Energy last traded at $0.455 on the CSE.
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