Trillion Energy Makes Headway in SASB Gas Field Operations
Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) recently provided a significant update on their ongoing operations at the SASB gas field, signaling a positive trajectory for the company’s natural gas production efforts.
Velocity String Installation: A Step Forward
The company has experienced notable progress following their latest installation efforts. The snubbing unit was successfully positioned over the Akcakoca-3 well, allowing for the deployment of a 2 3/8" production tubing known as the velocity string (VS). This operation, which took place at the end of October, was crucial for the well's performance and marked a successful milestone in Trillion's operational strategy.
Impressive Production Results
Following the installation of the velocity string at Akcakoca-3, there was a remarkable increase in gas production. Before the installation, the well was producing an average of approximately 2.0 MMcf/d over the preceding 27 days. After the installation, production surged to an average of 2.6 MMcf/d within the first four days. This boost is promising as the company continues to monitor well performance.
West Akcakoca-1 Well Update
In addition to the success at Akcakoca-3, the team also managed to run a velocity string into the West Akcakoca-1 well. Despite this well not being in production prior to the operation, the installation reached a total measured depth (MD) of 3,496 meters. With the imminent application of nitrogen stimulation, the company anticipates that gas production will be resumed shortly.
Continued Efforts in SASB Gas Wells
Trillion Energy is currently running velocity strings into the Guluc-2 well as part of efforts to mitigate water loading issues that have been affecting production across the SASB gas wells. These ongoing projects demonstrate the company’s commitment to enhancing its operational efficiency and production capacity.
About Trillion Energy
Trillion Energy International Inc. is dedicated to the production of oil and natural gas primarily for European markets, with a focus on its notable natural gas assets located in Türkiye. The Company holds a 49% interest in the SASB natural gas field, which showcases significant potential and development opportunities. Additionally, Trillion has a 19.6% interest in the Cendere oil field.
Company Contact Information
For more details, interested parties can reach out to:
Arthur Halleran, Chief Executive Officer
Brian Park, Vice President of Finance
Phone: 1-778-819-1585
Email: info@trillionenergy.com
Website: www.trillionenergy.com
Frequently Asked Questions
What is the latest update from Trillion Energy regarding the SASB gas field?
Trillion Energy has successfully installed velocity strings at various wells, leading to increased gas production.
How did the production rates change after the velocity string installation?
Post-installation, production rose from approximately 2.0 MMcf/d to 2.6 MMcf/d at Akcakoca-3.
What other wells are being worked on by Trillion Energy?
Currently, efforts are underway at the Guluc-2 well, along with the West Akcakoca-1 well.
What percentage of the SASB gas field does Trillion Energy own?
Trillion Energy owns a 49% interest in the SASB natural gas field.
How can investors learn more about Trillion Energy?
Investors can find more detailed information on Trillion Energy's website or by contacting the company directly.
