Trillion Energy Announces Akcakoca-3 Well Production
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) has announced that the Akcakoca-3 well at the SASB Gas Field is now in production. The well, perforated on July 17, 2024, with eleven meters of gas pay, initially experienced delayed pressure build-up. By September 6, 2024, the well head pressure (WHP) reached 616 psi, allowing production to begin. Initial production rates were 4.28 MMcf/d, increasing to 4.66 MMcf/d with WHP rising to 645 psi.
Additionally, Alapli-2 well was opened for pressure testing, resulting in gas flow to the surface, but is not yet producing significant quantities pending installation of velocity strings. CEO Arthur Halleran expressed satisfaction with Akcakoca-3's performance and Alapli-2's flow tests, confirming that most wells are now producing or have been flow tested.
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) ha annunciato che il pozzo Akcakoca-3 nel campo gasifero SASB è ora in produzione. Il pozzo, perforato il 17 luglio 2024, con undici metri di gas commerciabile, ha inizialmente subito un ritardo nell'aumento della pressione. Entro il 6 settembre 2024, la pressione del pozzetto (WHP) ha raggiunto 616 psi, consentendo l'inizio della produzione. I tassi di produzione iniziali erano di 4,28 MMcf/d, aumentando a 4,66 MMcf/d con la WHP che è salita a 645 psi.
In aggiunta, il pozzo Alapli-2 è stato aperto per test di pressione, risultando in un flusso di gas verso la superficie, ma non sta ancora producendo quantità significative in attesa dell'installazione delle stringhe di velocità. Il CEO Arthur Halleran ha espresso soddisfazione per le prestazioni di Akcakoca-3 e i test di flusso di Alapli-2, confermando che la maggior parte dei pozzi sono ora in produzione o sono stati testati per il flusso.
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) ha anunciado que el pozo Akcakoca-3 en el campo de gas SASB ya está en producción. El pozo, perforado el 17 de julio de 2024, con once metros de gas recuperable, experimentó inicialmente un retraso en el aumento de presión. Para el 6 de septiembre de 2024, la presión del cabezal del pozo (WHP) alcanzó los 616 psi, permitiendo que comenzara la producción. Las tasas de producción iniciales fueron de 4,28 MMcf/d, aumentando a 4,66 MMcf/d mientras que la WHP subió a 645 psi.
Además, el pozo Alapli-2 se abrió para pruebas de presión, resultando en un flujo de gas hacia la superficie, pero aún no está produciendo cantidades significativas a la espera de la instalación de cuerdas de velocidad. El CEO Arthur Halleran expresó su satisfacción con el rendimiento del Akcakoca-3 y las pruebas de flujo del Alapli-2, confirmando que la mayoría de los pozos ahora están produciendo o han sido sometidos a pruebas de flujo.
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF)는 SASB 가스 필드의 Akcakoca-3 유정이 지금 생산 중이라고 발표했습니다. 이 유정은 2024년 7월 17일에 천공되었으며, 11미터의 가스 매장량이 있지만 처음에는 압력 상승에 지연이 있었습니다. 2024년 9월 6일까지 유정의 헤드 압력(WHP)은 616 psi에 도달하여 생산이 시작되었습니다. 초기 생산율은 4.28 MMcf/d로, 이후 4.66 MMcf/d로 증가하며 WHP는 645 psi로 상승했습니다.
또한 Alapli-2 유정은 압력 테스트를 위해 열렸으며, 그 결과 가스가 표면으로 흐르고 있지만 속도 문자열 설치를 기다리는 중이어서 아직 상당한 양을 생산하지 않고 있습니다. CEO Arthur Halleran은 Akcakoca-3의 성과와 Alapli-2의 유속 테스트에 대해 만족감을 표명하며, 대부분의 유정이 현재 생산 중이거나 유속 테스트를 받았다고 확인했습니다.
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) a annoncé que le puits Akcakoca-3 dans le champ gazier SASB est désormais en production. Le puits, foré le 17 juillet 2024, avec onze mètres de gaz récupérable, a initialement subi un retard dans l'augmentation de pression. Au 6 septembre 2024, la pression du tête de puits (WHP) avait atteint 616 psi, permettant le début de la production. Les taux de production initiaux étaient de 4,28 MMcf/d, augmentant à 4,66 MMcf/d avec une WHP atteignant 645 psi.
De plus, le puits Alapli-2 a été ouvert pour des tests de pression, ce qui a entraîné un flux de gaz vers la surface, mais ne produit pas encore de quantités significatives en attendant l'installation des cordes de vitesse. Le PDG Arthur Halleran a exprimé sa satisfaction quant aux performances du puits Akcakoca-3 et aux tests de flux du puits Alapli-2, confirmant que la plupart des puits sont désormais en production ou ont été soumis à des tests de débit.
Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) hat bekannt gegeben, dass der Akcakoca-3-Brunnen im SASB-Gasfeld nun in Produktion ist. Der Brunnen, der am 17. Juli 2024 perforiert wurde und über elf Meter gasfördernden Schichten verfügt, hatte zunächst Verzögerungen beim Druckaufbau. Am 6. September 2024 erreichte der Brunnenkopfdruck (WHP) 616 psi, sodass die Produktion beginnen konnte. Die anfänglichen Produktionsraten lagen bei 4,28 MMcf/d und stiegen auf 4,66 MMcf/d, wobei der WHP auf 645 psi anstieg.
Zusätzlich wurde der Alapli-2-Brunnen für Drucktests eröffnet, was zu einem Gasfluss zur Oberfläche führte, jedoch werden noch keine signifikanten Mengen produziert, da die Installationsarbeiten für die Geschwindigkeitsstrings ausstehen. CEO Arthur Halleran äußerte sich zufrieden über die Leistung von Akcakoca-3 und die Flusstests von Alapli-2 und bestätigte, dass die meisten Brunnen nun in Produktion sind oder getestet wurden.
- Akcakoca-3 well successfully put into production with initial rates of 4.66 MMcf/d
- Well head pressure increased from 616 psi to 645 psi, indicating good reservoir pressure
- Alapli-2 well shows promising signs with gas flow to surface during pressure testing
- Alapli-2 well not yet producing significant quantities, pending velocity string installation
- Delayed pressure build-up in Akcakoca-3 well initially hindered production
Akcakoca-3 was perforated in July 2024 and is now producing at 4.66 MMcf/D Gross
Vancouver, B.C. , Sept. 10, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to announce that the Akcakoca-3 well at the SASB Gas Field has now been put into production.
On July 17, 2024, eleven (11) meters of gas pay was perforated in the Akcakoca-3 well, however, due to delayed pressure build up, was not initially produced.
By Friday September 6th, 2024 the well head pressure (WHP) for Akcakoca-3 had increased to 616 psi and the well was put into production. Initial production flow rates were 4.28 MMcf/d which increased to 4.66 MMcf/d with WHP increasing to 645 psi.
At the same time, Alapli-2 was opened to test pressure resulting in gas flow to surface, however, is not producing gas in significant quantities at this time -production is pending installation of velocity strings.
“We are thrilled with the strong performance of Akcakoca-3 and the successful flow tests at Alapli-2, “said Arthur Halleran, CEO of Trillion Energy. “All the wells except Bayhanli-2 have now been put on production or flow tested to ascertain if gas is present and capable of production in the 4 ½” production tubing. This confirms that once the 2 3/8” is installed in the wells the gas will flow in a predictable and stable manner.”
About the Company
Trillion Energy International Inc is focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye. The Company is
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e-mail: info@trillionenergy.com
Website: www.trillionenergy.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain certain forward-looking information and statements, including without limitation, statements pertaining to the Company's ability to obtain regulatory approval of the executive officer and director appointments. All statements included herein, other than statements of historical fact, are forward-looking information and such information involves various risks and uncertainties. Trillion does not undertake to update any forward-looking information except in accordance with applicable securities laws.
These statements are no guarantee of future performance and are subject to certain risks, uncertainties, delay, change of strategy, and assumptions that are difficult to predict and which may change over time. Accordingly, actual results and strategies could differ materially and adversely from those expressed in any forward-looking statements as a result of various factors. These factors include unforeseen securities regulatory challenges, COVID, oil and gas price fluctuations, operational and geological risks, changes in capital raising strategies, the ability of the Company to raise necessary funds for development; the outcome of commercial negotiations; changes in technical or operating conditions; the cost of extracting gas and oil may increase and be too costly so that it is uneconomic and not profitable to do so and other factors discussed from time to time in the Company’s filings on www.sedar.com, including the most recently filed Annual Report on Form 20-F and subsequent filings. For a full summary of our oil and gas reserves information for Turkey, please refer to our Forms F-1,2,3 51-101 filed on www.sedar.com, and or request a copy of our reserves report effective December 31, 2022 and updated January 31 2023.
FAQ
What is the current production rate of Trillion Energy's Akcakoca-3 well?
When was the Akcakoca-3 well perforated by Trillion Energy (TRLEF)?
What is the status of Trillion Energy's Alapli-2 well as of September 2024?
What was the initial well head pressure (WHP) when Akcakoca-3 started production?
