Gas explorer Kinetiko Energy has spudded the second well in its five-well production test program in Mpumalanga Province, South Africa. Initial gas flow results for the 271-KV06PT well are expected in November 2024.
The nine-month program aims to unlock the potential Kinetiko Energy’s contingent resource base of 6 trillion cubic feet of natural gas in the Mpumalanga Province. Each of the five production test wells in Kinetiko Energy’s production test program are expected to be completed within 4 weeks. After drilling, the company will flow-test each of the five wells for up to 90 days.
“The spudding of our second well in this five-well production test program is ahead of schedule,” stated Kinetiko Energy Executive Chairman Adam Sierakowski. “We continue our search to demonstrate the commercial viability of our vast gas resources and contributing to South Africa’s urgent need for cleaner, more reliable energy solutions.”
Poised to provide valuable insights into the reservoir dynamics of Kinetiko Energy’s 100%-owned gas fields, the well is situated near existing energy infrastructure – including gas pipelines and transmission lines. This optimizes the program’s commercial potential and delivery of gas to off-takers.
“Well 271-KV06PT is located in an area adjacent to the Lily pipeline and is well positioned to deliver gas to key infrastructure. We expect this test program to provide invaluable data on flow rates and depletion curves. These results will underpin the expansion of our gas reserves and pave the way for future production clusters,” Sierakowski added.
