Open-hole logs have been run at Well La-105 and the well has been cased with a 7-inch production liner between 5,950ft and 8,750ft, measured depths. The logs have indicated the presence of at least 65ft of very good quality gas-bearing sandstone reservoir plus at least an additional 260ft of gas-bearing sands that may prove to be productive when tested, the company said.
La-105 is being completed for flow testing in this quarter. Immediately following the La-105 completion the rig will be moved about eight metres to the adjacent surface location on the Logbaba drilling pad and the La-106 appraisal/development well will be spudded. La-105 will be flow tested during the La-106 drilling operations.
La-106 is to spud in early February. It will be deviated to target the productive sands of the Logbaba formation, twinning La-101.
Well La-101, the first Logbaba exploration well, blew out when drilled in 1955 by Elf SEREPCA when it encountered the overpressured gas sands of the Logbaba formation. During the blowout the well produced an estimated 0.9 billion cubic feet of natural gas over 38 days before being brought under control.
Kevin Foo, chairman of Victoria Oil & Gas, said: “Well La-105 continues to provide excellent results. The logs show us that the well will be able to produce more than sufficient gas to meet the demands of the local industrial customers that we have signed up.”
