Challenger Energy Group PLC (LON:CEG) said its Saffron-2 appraisal well in Trinidad has reached target depth and has been cased and cemented ahead of production testing, which is scheduled to start around 23 July.
Data recorded in the final sections of the well suggests similar sand intervals to hydrocarbon-bearing zones encountered in Saffron-1, said the statement, with a full suite of logging to be conducted over the coming week across each of the lower Middle Cruse and Lower Cruse reservoir sections of interest.
Eytan Uliel, chief executive, added: “We have a well to planned target depth intersecting all Upper, Middle and Lower Cruse reservoir units of interest, safely behind pipe and capable of being progressed to production.
“That is the core objective from the Saffron-2 well: to gain an understanding of production potential, which in turn will guide how we plan, execute and fund a broader development of the Saffron field.
“Logging will now be conducted to define the specific sands and oil zones in the recently drilled sections of the well."