Zeta's Bobocu Bears Gas

Independent explorer and producer Zeta Petroleum has announced today that it has encountered several gas showings at its Bobocu 310 well in Romania.

The well, which was drilled to a depth of 2,704 metres, encountered gas in multiple sands, a statement from the company said today. Zeta says that during wireline logging of the well, gas indications of gas were seen at multiple levels. The company will now case the well, ready for drill stem testing, which is expected to take 10 days to complete.

The Bobocu-310 well, which began drilling last month and was completed last week, is part of Zeta's aim to restart production on the Bobocu field in Romania, which last produced in 1995. The field was previously under the control of Romanian company Romgaz, which produced from the field for 18 years. However, Zeta has previously said that the field still has potential for further production, with "sand production, poor completion practices and a generally poor understanding of the field" causing it to be shut down 17 years ago.

Following seismic study of the field, Zeta estimates that the Bobocu field still has massive reserves of gas, with estimated mean contingent resource of 44 billion cubic feet and a mean prospective resource of 14 billion cubic feet.

Zeta is the 100 per cent owner and operator of the Bobocu field.

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