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Alvopetro Announces Initial Test of 198(A1) Well
Alvopetro Announces Initial Test of 198(A1) Well Canada NewsWire CALGARY, March ...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n\n\n\nAlvopetro Announces Initial Test of 198(A1) Well\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, March 3, 2017\n\n\n\nCALGARY, March 3, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce results from the first interval tested in our 198(A1) well.\n\nIn January 2017, our 198(A1) well, located on Block 198 in the Recôncavo basin in the State of Bahia, Brazil, was drilled to a total measured depth of 1,480 metres. Based on open-hole logs, the well encountered 31 metres of potential net natural gas pay in the Main Caruaçu Member, with an average 46% water saturation, and an average porosity of 11.4%, using an 8% porosity cut-off.  The well also encountered 26 metres of potential net hydrocarbon pay in a series of thinner up-hole Pojuca sands, with an average 51% water saturation, and an average porosity of 14.3%, using an 8% porosity cut-off.\n\nWe perforated and completed the deepest sandstone interval, representing 7 metres of potential net pay, which was chosen to test the fluid composition at the lowest point of the interpreted gas column and to clarify the gas-water contact. The second interval expected to be tested is our primary target containing the highest quality reservoir in the column, with 21 metres of potential net pay, 11.5% average porosity and 15.4% maximum porosity.\n\nOver the 48-hour, tubing conveyed perforated cased-hole test of the first interval of our 198(A1) well, this average 12.0% porosity, low permeability interval flowed natural gas, on an unstimulated basis, at an average rate of 15,000 m3/d (0.5 MMcfpd or 89 boepd), using 2-7/8 inch tubing, from the Caruaçu Member of the Maracangalha Formation. During the duration of the test the choke was adjusted from an initial 12/64\" choke to a final 32/64\" choke. During the test, in addition to the natural gas, and not included in any flow rates reported in this press release, we recovered 12 barrels of 45° API condensate and 92 barrels of water. \n\nCumulatively, over the duration of the 48-hour test, the well produced ...