- Trillion Energy (TCF) drills and reaches 3,425 meter’s at Bayhanli 2 well
- Bayhanli 2 reached 3,425 metres total measured depth
- True vertical debt of 1,231 metres was reached, leading it to discover an abundance of gas pay
- Currently, perforation intervals are being selected to bring the well into production
- Once complete, flow testing will take place with results announced publicly next week
- Trillion Energy International (CSE:TCF) stocks is trading at C$0.38 at 1:17 pm EST
Trillion Energy International (CSE:TCF) drills at its Bayhanli 2 well, the fifth well in its multi-well program at the SASB gas field, Black Sea, Turkiye.
Bayhanli 2 reached 3,425 metres total measured depth and true vertical debt of 1,231 metres, leading it to discover an abundance of gas pay.
Initial petrophysical analysis has indicated about total 43 metres gas pay in six sand units of Akcakoca Member.
The seven inch production casing has been run in and cemented.
Currently, perforation intervals are being selected to bring the well into production.
Once complete, flow testing will take place with results announced publicly next week.
Bayhanli 2 is expected to start generating revenue at the end of May 2023.
After completion of the Bayhanli 2 well, the rig will be moved to the Akkaya Tripod to start drilling the Alapli 2 well.
Arthur Halleran, CEO of Trillion is looking how to maximize production from each well.
“[We want] more wells brought into production. One avenue is to hire an engineering firm that specializes in multi-well gas fields that have different production pressures.”
Trillion Energy is focused on natural gas production for Europe and Turkey with natural gas assets in Turkiye and Bulgaria.
Trillion Energy International (CSE:TCF) is trading at C$0.38 at 1:17 pm EST.
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