News Oil & Gas

Block encouraged by WR-B01Za test results

Block Energy plc reported positive results from its wellbore clean-out and well test of the WR-B01Za development oil well as part of Project I at West Rustavi in Georgia. PROJECT I Project I is the development of the Middle Eocene oil reservoir in the West Rustavi-Krtsanisi field. The reservoir is divided into eight development areas, […]

News Oil & Gas

Block plans extended well test following wellbore failure

Block Energy plc will start an extended well test for the first well in Project I caused by unstable wellbore conditions at the West Rustavi / Krtsanisi oil field in Georgia. WELLBORE FAILURE The company drilled the WR-B01Za well into the Middle Eocene reservoir, targeting productive “sweet spots” with high density oil-bearing natural fractures, based on […]

News Oil & Gas

Block spuds sidetrack well at West Rustavi field

Block Energy plc has started drilling WR-B01 sidetrack well at West Rustavi oil field in Georgia. PROJECT 1 Well WR-B01 ST is part of Project I, which is focused on the development of the Middle Eocene reservoir within West Rustavi/Krtsanisi. The well is targeting a fracture system on the west side of the Krtsanisi anticline […]

News Oil & Gas

Block notes 2P reserves of 1.07 MMbbl for West Rustavi / Krtsanisi oil field

Block Energy plc reported field gross 2P reserves of 1.07 MMbbls in a competent persons report (CPR) on part of the West Rustavi and Krtsanisi oil field in Georgia. PROJECT I Chief executive Paul Haywood said that the CPR had independently verified the company’s work and plans for the initial phase of Project I. The CPR, […]