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LP-3 drilling start


  Lucent Oil & Gas is pleased to report that, its wholly owned subsidiary, Lucent Petroleum LLP has contracted drilling company “Vostok Neft and Services” LLP (a subsidiary of Xibu Drilling Engineering Company) to drill high pressure well LP-3 on the East Munaibai structure inside the Yuzhaya block in Mangistau Oblast, western Kazakhstan. The well is designed to test the Triassic and Permian formations and is expected to be completed within 180 days. Mobilisation of the ZJ70 rig, equipment and camp is complete. The well is due to spud in early April, after rig-up is completed and the rig inspected.Lucent Oil & Gas has a 100% working interest in the well, which is located approximately 2km from the East Munaibai -1 well, which encountered hydrocarbons in Triassic and Permian formations.
Date: 13.03.2017