InterOil Corporation has successfully drill stem tested the upper reservoir section in the Triceratops-2 well in Papua New Guinea. The test (DST#8) is conducted in the open hole interval from 4,111 feet (1,253 meters) to 4,859 (1,481 meters) and the well was opened to increasing choke settings before being closed for final buildup.

As of May 14, 2012 16:00 Port Moresby time, the well was flowing natural gas and condensate at a rate of 17.6 million standard cubic feet of gas per day (MMSCFPD) through a 48/64 inch choke with an observed condensate to gas ratio (CGR) at separator conditions of between 13.6 and 16.3 barrels per million standard cubic feet of gas.

The corresponding wellhead pressure is recorded as 1,382 psig. This gas flow rate compares favorably with results from equivalent DST intervals at Antelope-1 and Antelope-2 which were a rate of 12.4 to 18 MMSCFPD and a rate of 11.2 to 17.4 MMSCFPD, respectively.

Tags: InterOil Corporation