BNK Petroleum Initiated Horizontal Drilling of Gapowo B-1 in Poland

BNK Petroleum has initiated the drilling of the horizontal lateral Gapowo B-1 well in Poland. The company, which defined the shale formations as ‘highly prospective,’ expects to finish the drilling operations in 30 days.

In the while, Polish ministers suggested that an agreement on the final rules on shale gas exploration “is possible to arrive soon." 

As said by the Minister of the Environment Sławomir Brodzińsk, the government is working on a ‘friendly legal environment.’

BNK: LOWER SILUARIAN AND ORDOVICIAN SHALES ARE HIGLY PROSPECTIVE

‘The company plans to fracture stimulate seven of the available stages and evaluate the flowback prior to fracture stimulating the rest of the lateral.  This two-step approach will provide data to further optimize the fracture design prior to continuing the stimulation along the lateral section,’ reads a note released on Wednesday. 

BNK’s optimism stems from gas readings ‘much higher’ than those seen in company’s other Baltic Basin wells.

‘The analysis of the log and core data leads the Company to believe that the Lower Silurian and Ordovician shales are highly prospective for shale gas as the shales have good total organic carbon, porosities and permeability's.  The Company's geological work indicates that these characteristics are likely to extend over a significant portion of the Company's Baltic Basin acreage,’ reads the note.