Cub Energy Inc. announces successful recompletion of the O-3 well in Eastern Ukraine

Kub-Gas utilised its own workover rig and crew to recomplete a productive gas sand interval designated as the Bashkirian-1b (‘B-1b’). The well has stabilised at a rate of 1.4 million ft³/d since October 2018.

Mikhail Afendikov, Chairman and CEO of Cub said: “The successful O-3 recompletion coupled with the recent success of the O-9 recompletion in the second quarter of 2018 has increased the total field production by almost 20%. Given the recent successes of the recompletions, their relatively low cost and the high gas price environment in Ukraine at present, Kub-Gas’ priority is to focus on additional recompletion candidates of which at least ten wells have been identified.”.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/22112018/cub-energy-inc-announces-successful-recompletion-of-the-o-3-well-in-eastern-ukraine/