Valeura Reports 2nd Flow Test at Turkish Play
Turkey-focused explorer Valeura has reported a successful gas flow test from a second zone its Inanli-1 appraisal well in the onshore Thrace basin, where it is targeting a tight gas play.
Valeura and its Norwegian partner Equinor opted for the second test following positive flow results of a first zone last month, the Calgary-based company said in a statement on September 5. The well flowed gas from the second zone for four days at a rate of 185,000 ft3/day.
“The company believes these results are very encouraging given the ability to flow gas from what was interpreted to be a lower quality reservoir section,” Valeura said. “Attaining stabilised natural gas flow, even at relatively low rates, is the key to defining target areas for potential pilot development programmes.”
Valeura’s next step will be demonstrating the commercial value of the unconventional accumulation, which it estimates at 10 trillion ft3 of unrisked gas. It is now preparing Inanli-1 for stimulation and testing of a third zone, due to continue into the fourth quarter. Equinor is funding the work.
Valeura currently produces conventional oil and gas in Thrace, with its output averaging 4.488mn ft3/day and 20 b/day of oil in the first quarter.