Tethys announces new gas discovery

Tethys Petroleum Limited reports a new gas discovery with the results of the Akkulka AKK13 exploration well in Kazakhstan.

The AKK13 well was drilled some 3.6 miles (5.7 km) north-west of AKK12 to a total depth of 1.910 feet (582 metres). The well was perforated over a 20 feet (6 metre) interval between 1,621 and 1,641 feet RKB (494-500 metres RKB).

Stabilised flow rates from AKK13 have been calculated at some 4.036 million cubic feet (MMcf) (114.27 thousand cubic metres (Mcm)) of gas per day on a 60/64ths inch (24 mm) choke with a flowing tubing head pressure of 154 psig (10.5 atmospheres).

The production zone is analogous to the neighbouring Kyzyloi field and the recent AKK09 and AKK11 discoveries. The AKK13 accumulation is a separate accumulation similar to the one discovered by the AKK11 well.