- Trillion Energy (TCF) announced flow test results for the Akcakoca-3 natural gas well at the SASB gas field offshore Turkey
- Three sands with a total of 34 metres of natural gas pay were identified for perforation in the Akcakoca-3 well
- Based on the initial gas flow and other data, the company has decided to commence producing this zone and perforate the remaining two sands (totalling 27 metres) at a future date
- Arthur Halleran, CEO of Trillion, sat down with Daniella Atkinson to discuss the results
- Trillion Energy is an oil and gas company focused on natural gas production for Europe and Turkiye, with natural gas assets in Turkiye and Bulgaria
- Trillion Energy (TCF) opened trading at C$0.475 per share
Trillion Energy (TCF) has announced flow test results for the Akcakoca-3 natural gas well at the SASB gas field offshore Turkey.
Three sands with a total of 34 metres of natural gas pay were identified for perforation in the Akcakoca-3 well. Upon the first perforation of the upper 7-metre sand occurring, the well immediately experienced a pressure buildup up to 7.0 MMcf/d (32/64” choke). Wellhead pressure measured 1,400 psi.
Based on initial gas flow and reservoir pressure data from the perforation of the first sand, a decision was made to commence producing this zone and perforate the remaining two sands (totalling 27 metres) at a future date after production from the initial perforated interval starts to decline.
Arthur Halleran, CEO of Trillion, sat down with Daniella Atkinson to discuss the results.
“We are very pleased that our multi-well drilling program is off to a very strong start. We are “Two for Two” so far, with both South Akcakoca-2 and Akcakoca-3 wells now successfully producing gas. Each well additionally has 10s of metres of identified gas sands ready for perforation and production in the future to keep production levels up. This is a desirable situation for the company to be in.”
Trillion Energy is an oil and gas company focused on natural gas production for Europe and Turkiye, with natural gas assets in Turkiye and Bulgaria. The company is 49 per cent owner of the SASB natural gas field, one of the Black Sea’s first and largest-scale natural gas development projects.
Trillion Energy Inc. (TCF) opened trading at C$0.47 per share.