Dragon Oil (LON:DGO) has successfully completed and tested the Dzheitune (Lam) C/173 development well in the Caspian Sea, offshore Turkmenistan.
The well was completed as a dual producer (short and long string) to a depth of 3,015 metres and tested at a combined initial flow rate of 2,918 barrels of oil per day.
The drilling rig has skidded to the next slot and spudded the Dzheitune (Lam) C/175 well.
The group is currently a single asset company producing from the Cheleken production sharing contract it fully controls.
The operational focus is on the re-development of two oil-producing fields, Dzheitune (Lam) and Dzhygalybeg (Zhdanov).
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Dragon Oil completes another development well offshore Turkmenistan
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