Serinus Energy’s Moftinu – 1004 well flows 6.0 MMscf/d on test

Serinus Energy has announced the flow-test results of the Moftinu – 1004 well.

The well flowed 6.0 million standard cubic feet per day (‘MMscf/d’) (approximately 1,000 boe/d) on test.  As previously announced, the Moftinu – 1004 well was drilled to 1,000 metres.

The well has five gas-bearing zones which appeared on logs: A2 sand; A2.2 sand; A3 sand; B1 sand; and B3 sand.

The three deeper zones were completed, being A2 sand, A2.2 sand, and A3 sand.

The two shallower zones had gas pay on logs but were not completed. These zones may be exploited later in the life of the well.

After completing the perforation and well completion operations, the Company initiated a flow test whereby all three deeper zones were tested comingled. The well testing procedure and results are as follows:

Moftinu-1004 was flowed on a 20/64″ choke for four hours followed by a four hour build up, then flowed on a 32/64″ choke for four hours followed by a four hour build up, then flowed on a 40/64″ choke for four hours followed by a four hour build up, and then lastly flowed on a 36/64″ choke for 15 hours.

On the largest choke size (40/64″), the well flowed at an average rate of 6.0 “MMscf/d” with no progressive pressure decrease throughout the test.

During the final flow period (15 hours) on a reduced choke size (36/64″), the well flowed at 5.5 MMscf/d with no progressive pressure decrease throughout the test.

The well has now been put on a five-day pressure build-up after which the well will be tied into the completed flowline connecting to the Moftinu gas plant.

The Satu Mare Concession (729,000 gross acres, Serinus deemed 100% WI) is one of the largest exploration blocks in Romania, lying on a prolific oil and gas trend in the Eastern Pannonian Basin.

Satu Mare possesses a wealth of different plays which are actively producing along the same trend, including: shallow amplitude-supported gas reservoirs; conventional siliciclastic oil reservoirs; and fractured-basement oil and gas reservoirs.

The Moftinu gas field (discovered by Serinus in 2014 ) was brought onto production in April 2019.

Source: Energy-pedia