Trillion Energy International Inc (CSE:TCF, OTCQB:TRLEF) has announced positive flow test results for the West Akcakoca-1 natural gas well at the SASB gas field, offshore Turkey.
The company said the West Akcakoca well two lower 'D' sands, with a combined total of 7 metres of natural gas pay, were perforated on March 24, 2023. These two zones were flow tested at a rate of 5.9 million cubic feet per day (MMcf/day), and shut-in pressure was 1620 psi.
The well will now enter long-term production. 48 metres of gas pay remains to be perforated in the future and will ensure a long-term production horizon for the well, it noted.
READ: Trillion Energy says exploration and development efforts have paid off in 2022 year-end reserve report
On March 24, 2023, Trillion said, the Uranus Rig was skidded over to the Guluc-2 well and preparations are currently being made to perforate the gas-bearing zones to put the well into production, which is expected in a matter of days.
In a statement, Arthur Halleran CEO of Trillion commented: “We are very pleased that our gas production is expected to double with two additional wells entering production for April 2023 for a total of four new producing wells from our SASB development program.”
“Since drilling program commenced last year, we have successfully drilled and produced from four out of four targets. Results to date demonstrate the long-reach directional technology being used to revitalize the SASB gas field is working well. Now is just the beginning of our planned development; many more wells are to come,” he added.
Trillion Energy is focused on natural gas production for Europe and Türkiye with natural gas assets in Türkiye and Bulgaria.
The company is 49% owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects; it has a 19.6% (except three wells with 9.8%) interest in the Cendere oil field; and in Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property
Contact the author at jon.hopkins@proactiveinvestors.com