Uytas well in Kazakhstan finds oil for Max Petroleum
ALMATY. Sept 17 (Interfax) - An appraisal well at the Uytas deposit in western Kazakhstan has found the presence of oil, the British company Max Petroleum said in a press statement.
In the Uytas field, the UTS-16 appraisal well successfully reached a total depth of 200 meters, with electric logs indicating three meters of net oil pay in the Cretaceous Aptian reservoir over a 33-meter interval ranging in depths from 111 to 144 meters. Reservoir quality is excellent. Hydrocarbon shows were not encountered in the Albian section. The company plans to complete the well and place it on test production as soon as practicable," Max Petroleum said.
"The Zhanros mobile truck mounted rig is now moving to the UTS-15 appraisal well, which will be drilled to a total depth of approximately 200 meters targeting Cretaceous reservoirs. After UTS-15, an additional six wells remain to be drilled as part of the initial appraisal program in the field," the company said.
Max Petroleum Plc, incorporated in the UK, is an oil and gas exploration and production company focused on Kazakhstan. The company owns blocks A and E of the licensed area East Alibek and the Astrakhan block.