Vintage updates results of Yemen exploration
Vintage Petroleum, Inc. has completed the production test phase of the Harmel #1 well evaluation. Harmel #1 was the second of four exploration wells in Yemen drilled by the company during 2000.
Pump testing three zones in the well varying in depth from 1,526 to 2,208 feet (465 to 673 meters) yielded combined daily production ranging between 180 and 470 barrels of oil using a variable speed hydraulic pump.
The company has begun to analyze the resulting production, pressure and fluid test data to determine the likelihood of commerciality of this area.
If the results of the technical evaluation prove encouraging, then appraisal drilling will be undertaken to provide the additional reservoir information necessary to determine if sufficient reserves exist to establish commerciality.
As previously announced, the Harmel #1 initially swab tested at a combined rate of 500 barrels of oil per day of 20 degree API gravity oil from the same three zones.
Testing was completed on the Fordus #1, the third exploration well drilled by the company in Yemen.
Four separate zones were tested without recovering significant hydrocarbons and the well has been plugged and abandoned.
© 2001 Mena Report (www.menareport.com)