Frontera Sees 15mn ft³/d Likely from Georgian Gas Well

Frontera Resources estimates its Udabno 2 well in the South Kakheti complex will be able to produce 10mn-20mn ft³/day when it is completed this quarter, it said in a trading update January 14.

The company found oil as well as gas within its extensive integrated 2,000 km² geologic unit and studies are ongoing to further define these integrated components.

Operations are continuing in the western area of the complex to explore, test and add new gas production from reservoirs situated between 300m and 5,000m deep.

Bad weather and a wellhead damaged by high pressure meant that work has not got deeper than 3,300m at the Udabno 2 well. Frontera has also tested, with help from Weatherford International, a gas-bearing interval of about 2,000m gross depth.

In December, Frontera reported, its ongoing work had assessed complex to contain as much as 187 trillion ft³ of gas in place from reservoir targets found between 300m and 5,000m.

Operations have continued at the Niko 1 well, an oil play.  Since December, preparation and mobilisation for hydraulic fracturing operations have been underway and Frontera now expects to frack this well as part of a three well campaign next month. 

Production testing resulted in a new technical discovery that could yield an initial production rate of some 1,000 barrels/day from Niko 1.  In addition, two other related wells are expected to be completed there.

Frontera CEO Steve C Nicandros said the Udabno and Niko wells were “significant value additions related to our ongoing work.” He said the company was "now able to advance early in 2016 to continue to unlock the giant oil and gas potential that is contained within the South Kakheti gas complex."