NetworkNewsBreaks – Trillion Energy Internationa
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Posted On: 10/03/2024 5:01:24 PM
NetworkNewsBreaks – Trillion Energy International Inc.’s (CSE: TCF) (OTCQB: TRLEF) Early ROI with SASB Revitalization Program Indicates Field’s ‘Robust Production Potential’
Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, recently reported the successful completion of four workovers as well as increased gas production capacity. “In the production update for the SASB gas field, the company noted that the SASB revitalization program was ‘off to a great start, having realized the complete payback of recent perforation costs in just 35 days of production.’ The report noted that, in the first phase of the workover, all remaining gas pay on the Akcakoca platform was perforated, including three long-reach deviated gas wells (Guluc-2, South Akcakoca-2 and West Akcakoca-1) and a complete legacy well, Akcakoca-3,” an article discussing this reads.
“The wells on the Akcakoca Platform have been completed successfully with gas production and well head pressure (‘WHP’) continuing to increase,” Trillion Energy CEO Arthur Halleran is quoted as saying. “This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4-1/2 to 2-3/8 inches, using velocity strings, should stabilize gas production at the targeted rates.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, recently reported the successful completion of four workovers as well as increased gas production capacity. “In the production update for the SASB gas field, the company noted that the SASB revitalization program was ‘off to a great start, having realized the complete payback of recent perforation costs in just 35 days of production.’ The report noted that, in the first phase of the workover, all remaining gas pay on the Akcakoca platform was perforated, including three long-reach deviated gas wells (Guluc-2, South Akcakoca-2 and West Akcakoca-1) and a complete legacy well, Akcakoca-3,” an article discussing this reads.
“The wells on the Akcakoca Platform have been completed successfully with gas production and well head pressure (‘WHP’) continuing to increase,” Trillion Energy CEO Arthur Halleran is quoted as saying. “This early return on our investment is a clear indicator of the field’s robust production potential. The results are very positive, giving us good indications that decreasing the production tubing size from 4-1/2 to 2-3/8 inches, using velocity strings, should stabilize gas production at the targeted rates.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or republished: http://NNW.fm/Disclaimer
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