Trillion Energy, a renowned oil and gas production company, has successfully performed a re-completion of wells under its Vasiliko-South (VS) program, a step that is expected to have a significant influence on the company’s gas production and financial standing.
The success of the well re-completion project, which centered on the SASB field that constitutes SES-3, SES-9, and SES-10 gas reservoir systems, is due to a deep determination to boost gas production while enhancing oil extraction processing in a cost-effective manner.
The re-completion involves modifying the existing wells, which are no longer in production, into prolific ones by implementing a series of modern drilling methodologies and technologies. In the strategic context of Trillion Energy’s objectives, the well re-completion forms a critical part of their routine activities, ensuring operational efficiency and environmental sustainability.
The completion of the SES-3 reservoir was particularly impactful in increasing the daily production rates. After the re-completion, the company reported a production rate of 650 MCF per day, almost double the pre-enhancement rate. This is a significant increase, considering the well had previously been shut down due to production inefficiencies.
Also striking are the positive outcomes of SES-9 and SES-10 reservoirs re-completion. The gas production of these reservoirs has been reported at 800 and 850 MCF per day, respectively. These upgrades, enabled by the VS program, will inevitably lead to a substantial rise in gas production, a monumental achievement that aligns significantly with Trillion Energy’s strategic plans.
Additionally, re-completing these wells in the SASB gas field follows not only an effort to enhance production but also bolsters environmental preservation. The executed processes eliminate waste, reduce the environmental impact of fossil fuel extraction, and increase the efficiency of resources in the long run.
Furthermore, the triumph of the well re-completion is a testament to the skillful execution of Trillion Energy’s workforce and the efficiency of the advanced tools deployed. Their expertise ensures seamless operations, while infrastructure improvements heighten operational proficiency and promise sustainability in an ever-evolving energy sector.
Lastly, the success of this re-completion project substantially impacts the company’s financial standing. The increased production rates from the wells translate to more revenue, thus fueling Trillion Energy’s future expansion plans.
In conclusion, Trillion Energy’s achievement in successfully re-completing wells in their VS program is not only a technological feat but also a significant stride in their quest for increased gas production, environmental preservation, and financial growth. The results underscore the intrinsic value of modern drilling technologies and the significant role they play in a company’s progress in the energy sector.
