Project Profile
Location: Pokrovska area, Dnieper-Donets basin
Area: 88 sq km
Type: Gas and Condensate
2P reserves: 0.03 million boe
3P Reserves: 12.07 million boe
2C Resources: 6.2 million boe
Prospective Best Estimate: 5 million boe
There is a four well drilling commitment (two of which have been drilled), 3D seismic work commitment as well as the construction of a gas treatment plant. Interpretation of the 3D seismic was completed in early 2010 and confirms the presence of a prospect with four-way closure at the Lower Visean level and potentially in the deeper Tournasian sediments beneath both the Pokrovskoe 1 and Pokrovskoe 2 well locations separated by a geological fault.
Pokrovskoe 2 was the first exploration well drilled on the Pokrovskoe structure and was spud in late 2006. Drilling of the well was terminated at a drilling depth of 5,185 metres and the well was suspended for future evaluation. During drilling and coring operations across the Visean (V17 to V22) formations, there was strong gas influx into the well bore. The main objectives of this well are to determine the productivity of the Upper and Lower Visean formations and to potentially convert prospective resources to reserves.
Pokrovskoe 1 is the second exploration well on the licence and was spud in early 2008. The well was temporarily suspended at 4,988 metres pending evaluation of data obtained from the well so far.
The processing of the previously acquired 3D seismic data over the entire field is now complete and it is planned to deepen Pokrovskoe 1 and Pokrovskoe 2 to the lower target horizons and their commitment depths.
Operators:
Cadogan Petroleum: 100% interest
Contractor:
Saipem: Drilling services