Exploration & Production | Drilling / Well Results
FX Extracts Core from Karmin Prospect; Talks Status of Other Wells
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FX Energy, Inc. reported that 25 meters of Rotliegend core have been extracted from the Karmin-1 well from a depth of 2,466 meters to 2,491 meters.
The core samples show gas saturated Rotliegend sandstone with good reservoir properties on visual examination. A drill stem test of the 25 meter interval yielded gas with no observable water at rates between 3.3 million and 5.8 million cubic feet per day (Mmcf/d).
The Karmin-1 well now will be drilled to final depth, logged and completed, after which a production test will be conducted. The production test, well logs and core analysis will form the basis for estimates of the gas-water contact, vertical extent of the reservoir, reservoir properties, recoverable reserves and production rate, all of which will help determine commerciality. If commercial, Karmin-1 could be in production by year-end 2015.
The Karmin-1 well is a planned test of a 3-D defined Rotliegend structure located on trend with two earlier discoveries at Zaniemysl and Roszkow, both of which were completed with much higher than average reserves and production rates.
Baraniec-1 well
The Baraniec-1 well, which began drilling last month, is currently at a depth of approximately 3,182 meters at the top of the Zechstein. The well is a planned test of a Rotliegend sandstone structure at a projected depth of 3,885 meters. If successful, Baraniec-1 will be connected to the production facility at Lisewo and could be in production by year-end 2015.
Both the Karmin-1 and Baraniec-1 wells are located in the Fences license where the Polish Oil and Gas Company (PGNiG) is the operator and owns 51% of the working interest; FX Energy owns 49%.
Angowice-1 well
The Company also reported that the drill rig is setting up on the Angowice-1 well location and drilling is expected to start in about three weeks. The Angowice-1 well targets a 3-D defined Devonian reefoidal buildup at a projected depth of 3,084 meters. The target is similar to the productive horizon at the Tuchola field approximately 12 kilometers to the southeast. If the Angowice-1 well is successful it could share production facilities with the Tuchola wells. The Angowice and Tuchola wells are located in the Edge license, where the Company is the operator and owns 100% of the working interest.