FX Energy reports Polish drilling results

FX Energy has reported results of drilling at Baraniec-1 well and provided an operational update on its Angowice-1 well.

Baraniec-1 well

The company reported that the Baraniec-1 well was drilled to approximately 4000 m. At approximately 3900 m the well encountered a 48 m (154 ft) gas saturated section of tight Rotliegend sandstone with 10-12% porosity. Two separate drill stem tests were performed with sub-commercial results and the well was plugged and abandoned.

At the same time, logs, cores and test data are being analysed to determine whether there is a technical solution for achieving commercial results from this tight gas reservoir. The Baraniec-1 well is located in the Fences license in western Poland where the Polish Oil and Gas Company is the operator and owns 51% of the working interest; FX Energy owns 49% of the working interest.

Comments

Commenting on the results, Andy Pierce, VP Operations, said: “We are disappointed with the reservoir performance on our very deepest wells in the Lisewo area. We have encountered good gas accumulations but poor deliverability as we get deeper into the basin in this area. We plan to investigate the technologies available to deal with this problem, because we have substantial gas accumulations at these depths.

“In the meantime we plan to focus on the next shallower tier of prospects that are on trend with Lisewo, including Miloslaw-4, Przybyslaw-1 and Paruchow-1. In addition, we are developing new targets along the trend from Zaniemysl through Roszkow to the recent Karmin-1 discovery, where we have encountered the highest production rates in the whole license area.”

Angowice-1 well

The company also reported that the Angowice-1 well is currently drilling at a depth of 2276 m. The main target is a Devonian carbonate buildup similar on seismic expression to the productive horizon at the company’s Tuchola field. The Angowice-1 is planned to drill to a total depth of approximately 3500 m with multiple targets in the middle and lower Zechstein and the upper and middle Devonian. The well is testing one of four structural features clustered in an area approximately 12 km northwest of FX Energy’s Tuchola field. The Angowice-1 well is located in the Edge license in northwestern Poland where the company is the operator and owns 100% of the working interest.

Adapted from press release by Katie Woodward

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/11112014/fx-energy-polish-drilling-update-1785/