Petro Matad spuds Snow Leopard-1 Well in Taats Basin
Published by Laura Dean,
Deputy Editor
Oilfield Technology,
Petro Matad, the AIM quoted Mongolian oil explorer, has advised that the Snow Leopard-1 well (Petro Matad 100%) in the Taats Basin of Block V was spud on the 9 July 2018.
The Snow Leopard-1 well, which is targeting 90 million bbls of oil and is the first of the Company's 2018 four well drilling campaign targeting c. 600 million bbls of oil, is planned to drill to a total depth of c. 3350 m and is expected to take up to 70 days to complete. In the event of a discovery, the Company will bring in a separate rig for testing.
The Company will make a further announcement on completion of drilling operations.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/10072018/petro-matad-spuds-snow-leopard-1-well-in-taats-basin/
You might also like
TotalEnergies concludes agreement with Galp to enter as operator in the prolific PEL 83 license, including the Mopane discovery
TotalEnergies and Galp agreed to launch an exploration and appraisal campaign including three wells over the next two years, with a first well planned in 2026, to further derisk resources and progress diligently toward the development of the Mopane discovery.