News listings

energy-pedia exploration

Mongolia flagMongolia

Central & SE Asia / Australasia >>> Mongolia

Mongolia: Petro Matad spuds exploration well Gazelle-1 in Block XX, eastern Mongolia


19 Sep 2019

Photo - see caption

Petro Matad, the AIM quoted Mongolian oil explorer, has announced the spud of the Gazelle-1 exploration well in the north of Block XX, eastern Mongolia.

The rig move from Heron-1 and the rig-up at the Gazelle location have been handled very efficiently by rig owner DQE and by Petro Matad's in-field supervisors and so spud of the well is a little earlier than previously forecast.

Gazelle-1 will be drilled to a total depth of c. 2,500 metres and is forecast to take approximately 35 days to drill and log. The Gazelle Prospect has an estimated Mean Prospective Recoverable Resource of 13 MMbo. The well is located 4.5km southwest of Petro China's T19-46-1 oil well and immediately up dip of this discovery on the western flank of the Tamsag Basin which is the primary source kitchen for the oil fields in Block XIX.

In the event of a discovery at Gazelle-1, it is expected that sufficient time will remain before the winter shut down of operations in late November to allow well testing of Gazelle-1 to be carried out this year. 

Photo - see caption

Further updates will be provided in due course.

Original article link

Source: Petro Matad





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current deals: 1699
Completed deals: 5237

Company Profiles

Current Company Profiles: 2647

Corporate Activity

Current Corporate Activity articles: 3316

Companies Looking

Current number of articles: 427

Company Sales

Current Company Sales articles:1364

Geostudies

Current Geostudies articles: 645

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Union Jack Oil 149
Rose & Assocs 149
Geoespace
energy365
OPC
SLR Consulting logo
Bayphase
KL Publishing
Government of South Australia
count geophysics
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com