Block 31 Oil Field

The Texas Company, later Texaco (formed in 1902 from the Texas Fuel Oil Company), the J. Apple macbook pro 1tb hard drive upgrade. M Guffey Company, and the Sun Pipe Line Company connected with most of the fields and carried Texas crude oil for use as an unrefined boiler fuel and to Gulf Coast refineries for processing into fuel oil. In 1904 the total pipeline runs of the Security.

1. Block 31 Oil Field
2. Block 31 Oil Fields
3. Block 31 Oil & Gas Field Development

Block 18 is located in the Angolan offshore, 160 miles northwest of Luanda. Eight discoveries were made in this block, of which the fields Galio, Cromio, Cobalto, Paladio, and Plutonio make up the first producing development known as Greater Plutonio. The government encouraged local oil firms to present joint bids. The Nigerian government on Thursday opened the process for second bid round that would involve the auction of 31 marginal oil fields.

Leases Operated by Oxy USA Inc.

Jupiter's Block 31 shown on Figure 1 is amongst the producingfields of the basin. The 1st well on the Contract Area (NWZ2) was drilled by the Soviets in 1969. Jupiter has since drillednine new wells since purchasing the licence in 2008. The firsteight wells - J-50 (2009), J-52 (2010), J-51 (2011), J-53(2012), J-55 (2012), J-58 (2012), J-59 (2013) and Well 19 (2014)all discovered oil. Icash 7 8 14. The most recent well (J-57) was not successfulin identifying hydrocarbons.

Block 31 Oil Field

The J-55, J-58 and J-59 wells are all located inthe new West Zhetybai field to the south of the alreadydiscovered Akkar East field. The Akkar East field has beendelineated by the J-51, J-52, J-53 and #19 wells. The J-50well is located on Akkar North (East Block) (see Fig 4 below).

Independently verified reserves have, to date, beenencountered in the Mid Triassic Carbonates.

Leases Operated by Oxy USA Inc.

Jupiter's Block 31 shown on Figure 1 is amongst the producingfields of the basin. The 1st well on the Contract Area (NWZ2) was drilled by the Soviets in 1969. Jupiter has since drillednine new wells since purchasing the licence in 2008. The firsteight wells - J-50 (2009), J-52 (2010), J-51 (2011), J-53(2012), J-55 (2012), J-58 (2012), J-59 (2013) and Well 19 (2014)all discovered oil. Icash 7 8 14. The most recent well (J-57) was not successfulin identifying hydrocarbons.

Block 31 Oil Field

The J-55, J-58 and J-59 wells are all located inthe new West Zhetybai field to the south of the alreadydiscovered Akkar East field. The Akkar East field has beendelineated by the J-51, J-52, J-53 and #19 wells. The J-50well is located on Akkar North (East Block) (see Fig 4 below).

Independently verified reserves have, to date, beenencountered in the Mid Triassic Carbonates.

The Kazakhstan reserves classification system, which has beendeveloped from the Russian classifications, divides geological(in-place) and recoverable reserves into various categoriesincluding C1 and C2. The basis for the evaluation, andcategorisation, is the geological data set, the C1/C2classification system does not take into consideration thecommercial factors impacting the development of the identified C1and C2 reserves. Current State approved preliminary C1/C2 estimatesfor Block 31 are:

• C1+C2: ~58 mmbbls
• C1: ~24 mmbbls
• C2: ~34 mmbbls

Under the SPE's Petroleum Resources Management System (PRMS)reserves are defined as those quantities of oil (and gas) which areestimated to be commercially recovered from a known accumulationfrom a given date forward, i.e. determined on the geologicaland commercial data set. The commercial nature ofPRMS reserves is relevant in relation to the Jupiter Energy reportsin that these estimates included only a small quantity of reservesfor the two areas covered by wells J-53 and J-55; further drillingwork needs to be carried out to establish commercial productionfrom these separate areas. Current 1P/2P/3P estimates for Block 31are:

• Proved Reserves: 1P 9.7 mmbbls
• Proved plus Probable Reserves: 2P 19.2 mmbbls
• Proved plus Probable plus Possible: 3P 28.7mmbbls

Block 31 Oil Fields

Ntidragonburn 4 5 0 34 – cddvd burning software. Fig 4 – Mid Triassic Northeast Akkar OilField Apple pages 8 15. Inotepad 3 1 – write and manage lots of text.

Block 31 Oil & Gas Field Development

J-50 and J-52 penetrated a 100-120m Mid Triassic Carbonatesection which was wholely oil saturated. J-51 penetrated a160m section. J-53 confirmed approximately 87m of gross and 56m ofnet pay at the Middle Triassic carbonate reservoir unit. Core,wireline logs and flow testing suggests about half the section isproductive in all wells. The field is mapped to extend over anarea of ~14 sq km.

Fig 5 – Mid Triassic Northeast Akkar Oil Field with lineof section

Fig 6 – J-50 Dip Section Aquarium 4k live wallpaper 1 0 3.

J-52 encountered the Lower Jurassic which flowed oil in NWZ#2 inan updip position. This 25m sand was oil saturated on logsand core but when flow tested it was shown that it may not beviable for commercial production. It is expected that there will befurther testing of this reservoir during future drillingprograms.

Fig 7 – NWZ#2 to J-52 Dip Section