Page 11 - MEOG Week 12 2023

MEOG PROJECTS & COMPANIES MEOG

Trillion hits Black Sea ‘gas pay’

TURKEY TRILLION Energy on March 14 announced production. Completion and flow testing will
preliminary gas indications from the West occur once the well is perforated, with revenue
Akcakoca 1 well, the fourth well in the multi-well being generated prior to month end.”
programme at the SASB Black Sea gas field in After completion of the West Akcakoca 1
Turkey. well, the rig will be skidded back to the Guluc-2
The company said: “On March 10, West well for completion, said Trillion, adding that the
Akcakoca 1 reached 3,839 metres total measured Guluc-2 well is scheduled to be put onto produc-
depth (TMD) and true vertical depth (TVD) tion by the end of March.
of 1,677 meters. During the drilling, an abun- Arthur Halleran, CEO of Trillion, said: ‘That
dance of gas pay was discovered. Our analysis is 4 for 4 success at SASB, as Trillion successfully
of logging while drilling (LWD) data suggests executes its gas development program at SASB.
55 metres of potential natural gas pay within 6 We eagerly await the gas flow rates and plan to
sands in the Akcakoca member (SASB produc- put the wells into production, end of this month.
tion zone). “As South Akcakoca 2, Guluc 2 and West
“The logging while drilling data is consist- Akcakoca 1 wells targeted resource prospects,
ent with the initial mud show results. The 7” not reserves, Trillion has significantly increased
production casing will be run in and cemented the proved reserves through the drilling program
this week. The initial perforation intervals are to date. We expect to release our updated reserve
currently being selected to bring the well into report by the end of the month.”™

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