Reservoir properties are analogous to those in the producing wells in the adjacent Machevska field, one of the largest fields in Ukraine, which has a history of significant, sustained production from the deep sandstone reservoirs.
"Bringing the deep sandstone reservoirs of the Elizavetovskoye field on-stream is technically challenging and will require extended completion and testing,” said Paul Davies, JKX chief executive. “We are optimistic that the sandstone reservoirs will produce at commercial rates in line with the nearby wells. We will provide further updates as the work progresses."