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Tethys Petroleum Ltd V.TPL

Alternate Symbol(s):  TETHF

Tethys Petroleum Limited is an oil and gas exploration and production company focused on Central Asia and the Caspian Region with projects in Kazakhstan. Through its subsidiaries, TethysAralGas LLP and Kul-Bas LLP, it operates over four contracts in the North Ustyurt basin to the west of the Aral Sea adjacent to the prolific Pre-Caspian basin. It has a 100% working interest in the Kyzyloi Production Contract (449 square kilometers (km2)), Akkulka Exploration License and Contract (827 km2), Akkulka Production Contract (396 km2) and Kul-Bas Exploration and Production Contract (7,632 km2). The Kul-Bas exploration and production contract area surrounds the Akkulka block, which has an exploration area of over 7,632 km2. Kyzyloi and Akkulka gas development fields are tied into the Bukhara-Urals gas pipeline by an over 56-kilometer pipeline owned and built by the Company. The Doris oil field provides over two oil-bearing zones, the lower zone and an upper, lower cretaceous sandstone zone.


TSXV:TPL - Post by User

Bullboard Posts
Comment by Darcyslawon Jun 13, 2011 5:35pm
237 Views
Post# 18709460

RE: RE: RE: Updated calculation of East Olimtoi

RE: RE: RE: Updated calculation of East OlimtoiUsually you just perforate the sands, if the gun is 30ft, you can imagine that there will be quite a few runs if you want to shoot the whole 160m...
In theory, the PI (productivity index) doesn't differenciate between 10 zones of 1 m, or 1 zone of 10m. However, thin zones also often mean bad (i.e low poro/perm) zones with limited lateral extention. If you look at the log in the presentation, it does look like there are some pretty clean sections at the top, around where they got the kick. A kick in itself doesn't have to mean thick and permeable zones, the volume in the wellbore is quite limited. But sure, a 20 ft section would of course be able to flow basically 20x more than a 1ft pay zone (which should not be considered a pay zone, you would hardly see it on the log...)
The high pressure is however a very positive thing, because if the permeability is on the low side (i.e 50-100mD), having a high reservoir pressure will mean being able to produce with a higher drawdown (difference in pressure between the average reservoir pressure and the flowing bottom hole pressure) and hence get a higher rate.
Hopefully they have not damaged the zone too much with the drilling mud (as in AKD-03), but it is a risk.
Hope it helped.
Darcy
Bullboard Posts