- Trillion Energy (TCF) is updating the progress of its ongoing exploration work in the SASB gas field
- The Calgary-based, Turkey-focused company has begun gas sales from its first new well in the SASB gas field in the Black Sea
- VP of Corporate Development Colin Robson sat down with Daniella Atkinson to discuss the news
- A borehole for the existing Akcakoca-3 well has now been cleared of old wireline from a fishing operation
- Perforations are anticipated to be completed later this week, with production commencing shortly thereafter
- Trillion Energy (TCF) opened trading at $0.49 per share
Trillion Energy (TCF) is updating the progress of its ongoing exploration work in the SASB gas field.
The Calgary-based, Turkey-focused company has begun gas sales from its first new well in the SASB gas field in the Black Sea.
VP of Corporate Development Colin Robson sat down with Daniella Atkinson to discuss the news.
Additionally, the borehole for the existing Akcakoca-3 well has now been cleared of old wireline from a fishing operation. That work prepares the well for a planned re-perforation operation this week.
Workers recovered over 600 kilograms of lost cable, milled out the old packer and cleared the wellbore. All the lost cable above the packer was recovered, and the old packer was pushed down below the deepest perforation interval.
The Akcakoca-3 borehole is now ready for the re-perforation, including the remaining gas-bearing zones totalling approximately 34 metres of pay. Perforations are anticipated to be completed later this week, with production commencing shortly thereafter.
The company is monitoring the production characteristics of the well and is planning to increase production rates gradually over time.
“We are pleased to have achieved gas sales from South Akcakoca-2 ahead of schedule in cooperation with our partner, TPAO. During testing, no gas was vented into the atmosphere as the gas flow was contained within the pipeline production system. This Akcakoca-3 fishing operation could not be done earlier, as the Uranus rig was required due to the mechanical challenges faced. We look forward to perforating and putting the well back on production this week,” said CEO Arthur Halleran.
Contact Trillion Energy for more information at ir@trillionenergy.com.
Trillion Energy (TCF) opened trading at $0.49 per share.