Exploration & Production | Top Story
Cub Spins Bit at O-11 Development Well Onshore Ukraine
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Cub Energy Inc. has reported that the Olgovskoye-11 development well has commenced drilling.
The O-11 well is operated by KUB-Gas LLC, a partially-owned subsidiary in which Cub has a 30% effective ownership interest through its 30% shareholding of KUBGAS Holdings Limited.
Olgovskoye-11 WellThe O-11 well will be drilled as a step-out to the O-9 well for the R30c zone in the Bashkirian and an appraisal of the O-15 well in the S6 zone of the Serpukhovian. The well is located approximately one kilometre southeast of the Company's Olgovskoye-15, which was drilled last year and began producing from the S6 in July 2013.
The well will be drilled with the KUB-Gas owned K-200 drilling rig and the Company expects that both zones targeted in the O-11 will require fracture stimulation. The O-11 well…
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