Sunday, January 20, 2008

Dragon fires bigger production in 2007

Dubai-based Dragon Oil saw a 56 percent increase in its 2007 gross production over 2006, with an average rate of 31,997 b/d of oil compared to 20,514 b/d in 2006 .

Six development wells were completed offshore Turkmenistan during 2007, one from the upgraded Dzheitune (Lam) 13 platform (L13/118), one from the upgraded Dzheitune (Lam) 21 platform (L21/117) and four from the new Dzheitune (Lam) A Platform (LA/119, LA/121, LA/122 and LA/123). In addition, one development/appraisal well has been drilled from the upgraded Dzheitune (Lam) 28 platform (L28/120). The L28/120 well proved the presence of hydrocarbons and a high quality reservoir in the Dzheitune (Lam) West area and was completed as a producer. In addition, six wells have been worked over from two platforms using a combination of rigless wireline and hydraulic workover operations. The workover programme was successful and achieved incremental production in excess of 2,000 b/d.
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