Block Energy plc today said that well WR-B1 had successfully reached the 9 ⅝” casing point and remains on target in its 100% West Rustavi oil and gas field, Georgia.
The casing has been installed and cemented in place at the top of the Middle Eocene reservoir.
The reservoir was encountered within two metres of the depth prognosed using data from the company’s 3D-seismic survey.
Block will now start drilling the horizontal 8 ½” reservoir section of the well which is expected to reach total depth during August.
SCHEDULE
The company has previously stated that well WR-B1 is potentially transformative as it targets 2.1 MMboe of recoverable oil and gas.
If WR-B1 is successful, it will be tied into Block’s early production facility for processing both oil and gas produced.
Chief executive officer Paul Haywood that the drilling of well WR-B1 remained on target and as planned.
“Reaching the second casing point represents a significant milestone in the successful delivery of this well.
“The team on the ground has undertaken the drilling operations safely and efficiency and we can now look forward to commencing the horizontal section of the well to the target depth.”