Dragon Oil Drills Ahead at Lam Well

- Dragon Oil Drills Ahead at Lam Well

Wednesday, August 03, 2011
Dragon Oil plc

Dragon Oil announced the completion and initial testing of the Dzheitune (Lam) 28/158 development well. The well was completed as a single producer by the NIS rig to a depth of 1,786 meters. The initial test result from the well was 2,876 barrels of oil per day ("bopd"). The NIS rig has skidded to the next slot and is in the process of spudding the Dzheitune (Lam) 28/161 well. The Iran Khazar rig and Rig 40 are currently drilling the Dzheitune (Lam) B/159 and 13/160 wells, respectively.

Dr. Abdul Jaleel Al Khalifa, Chief Executive Officer, commented, "I am pleased to report the successful completion and initial testing of the Dzheitune (Lam) 28/158 well. The Group is currently producing at a healthy rate of above 60,000 bopd, which puts us in a comfortable position to ensure meeting our gross production growth target by the end of the year."

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Dragon Oil's Lam Well Tests Rates of 1,767 bopd

- Dragon Oil's Lam Well Tests Rates of 1,767 bopd

Thursday, July 07, 2011
Dragon Oil plc

Dragon Oil announced the completion and initial testing of the Dzheitune (Lam) B/157 development well. The Dzheitune (Lam) B/157 well was drilled to a depth of 2,900 meters and completed as a single producer by the Iran Khazar rig. The initial test result from the well was 1,767 barrels of oil per day ("bopd"). The Iran Khazar rig has skidded to the next slot and spudded the Dzheitune (Lam) B/159 well. The NIS rig is currently drilling the Dzheitune (Lam) 28/158 well.

Dr Abdul Jaleel Al Khalifa, Chief Executive Officer, commented, "We have put into production six wells within the 2011 drilling campaign, having today reported the completion and initial testing of the Dzheitune (Lam) B/157 development well. We are making good progress on the drilling program and will update the market on the production numbers for the first half of the year on July 21, 2011 in the trading statement."

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Dragon Oil's Lam Well Knighted Dual Producer

Dragon Oil's Lam Well Knighted Dual Producer

Tuesday, March 29, 2011

Dragon Oil plc

 

Dragon Oil announced the completion and initial testing of the Dzheitune (Lam) 28/152 and B/153 development wells. The Dzheitune (Lam) 28/152 well was drilled to a depth of 3,768 meters and completed as a dual producer by the NIS rig. The short string tested at the initial rate of 2,091 barrels of oil per day ("bopd") with the long string testing at 1,372 bopd. The NIS rig has skidded to the next slot and spudded the Dzheitune (Lam) 28/154 well.

The Dzheitune (Lam) B/153 well was drilled by the Iran Khazar rig to the depth of 3,668 meters and completed with dual strings. The short string tested at the initial rate of 1,080 bopd while the initial test result from the long string was 1,348 bopd. The Iran Khazar rig has skidded to the next slot on the Dzheitune (Lam) B platform and spudded the Dzheitune (Lam) B/155 well.

Dr. Abdul Jaleel Al Khalifa, Chief Executive Officer, commented, "I am pleased to report the successful completion and solid initial test results of the Dzheitune (Lam) 28/152 and B/153 development wells, the first two wells of this year's 11-well drilling program to have been put into production. Both rigs, the NIS rig and the Iran Khazar rig, are already drilling the next two wells.

"Following the transition over to the new 30-inch trunkline and associated in-field pipelines, we are continuing to see strong average daily production rates in excess of 57,000 bopd in February and March 2011."