Discoveries | Top Story | Exploration & Appraisals
Cub Hits Gas Discovery at Ukrainian Olgovskoye License
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Cub Energy Inc. has reported a discovery at the Olgovskoye Production Licence. The Olgovskoye-15 (O-15) well tested the S5 zone in the Serpukhovian aged reservoir at a maximum flow rate of 1.5 million cubic feet per day (MMcf/d).
The O-15 well is operated by KUB-Gas LLC, a partially-owned subsidiary in which Cub has a 30% ownership interest.
O-15 WellThe O-15 well was drilled as a directional well to evaluate the potential of the Bashkirian R30c and Serpukhovian S5 reservoir sands to further develop the gas production capability of the Olgovskoye Field. Well logs indicated potential gas pay in the R30c and in the deeper Serpukhovian S5 zone.
Gas was initially discovered in the S5 zone of the recently drilled Makeevskoye-16 ("M-16") well, which is located approximately 13 kilometres to…
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