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Alvopetro Announces Second Production Test from 198(A1) Well
Alvopetro Announces Second Production Test from 198(A1) Well Canada NewsWire CAL...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n\n\n\nAlvopetro Announces Second Production Test from 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.prngen2{\nBORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt; PADDING-LEFT:0.50em; PADDING-RIGHT:0.50em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, March 13, 2017\n\n\n\nCALGARY, March 13, 2017 /CNW/ - Alvopetro Energy Ltd. (TSX-V:ALV) is pleased to announce production test results from the second 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. Earlier this month we perforated and completed the deepest sandstone interval and completed a 48-hour tubing conveyed perforated cased-hole test. 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. We are awaiting results of the pressure transient analysis from this first interval.\n\nWe have now perforated and completed the second sandstone interval, representing 21 metres of potential net pay, 11.5% average porosity and 15.4% maximum porosity. This section represents the main reservoir section...