Dragon Oil PLC (LSE: DGO) said the Dzheitune (Lam) 28/136 development well in the Kaspian Sea offshore Turkmenistan was completed on schedule and tested successfully, producing at a rate of 3.291 barrels of oil per day.
Rurther testing and optimisation is scheduled to take place over the coming weeks. The well is the third well to be completed from the refurbished Dzheitune (Lam) 28 platform.
The Iran Khazar jack-up rig has now skidded to slot 1 on Platform 28 where it has spudded the Dzheitune (Lam) 28/137 development well.
The platform-based Rig 40 is completing the Dzheitune (Lam) 13/135 development well with testing expected to be finalized within the next few days.
Chief executive Abdul Jaleel Al Khalifa commented: “We are due to announce the test results of the development well Dzheitune (Lam) 13/135 shortly. We remain committed to ensuring good progress of the drilling programme to meet our annual production growth targets for 2009-2011.www.proactiveinvestors.com
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