The well is intended to be drilled vertically to an estimated target depth of 1200m.
On 17 October, the well reached the first casing point at 345m depth, where the first string casing will be set and cemented and after that the well will continue drilling the second and final string to target depth.
DT-3 is the third exploration well to be spudded as part of Petro Matad’s three well drilling program for 2010 on its production sharing contract on Block XX.
DT-3 has been sited at the apex of the Davsan Tolgoi anticline, where the top of the Tsagaantsav formation is approximately 150m higher than at DT-1, and thus will test the full height of the hydrocarbon column.
The company has received the laboratory reports for thermal maturity and fluid inclusion studies of well samples from Davsan Tolgoi-1 (DT-1).
However, the company said that fluid inclusion analysis identified two zones of anomalous hydrocarbons.
