Trillion Energy International announces that the Akcakoca-3 well at the SASB Gas Field has now been put into production.  

On July 17, 2024, eleven meters of gas pay was perforated in the Akcakoca-3 well, however, due to delayed pressure build up, was not initially produced. 

By Friday September 6th, 2024 the well head pressure (WHP) for Akcakoca-3 had increased to 616 psi and the well was put into production. Initial production flow rates were 4.28 MMcf/d which increased to 4.66 MMcf/d with WHP increasing to 645 psi.    

At the same time, Alapli-2 was opened to test pressure resulting in gas flow to surface, however, is not producing gas in significant quantities at this time -production is pending installation of velocity strings.

“We are thrilled with the strong performance of Akcakoca-3 and the successful flow tests at Alapli-2,“ said Arthur Halleran, CEO of Trillion Energy. “All the wells except Bayhanli-2 have now been put on production or flow tested to ascertain if gas is present and capable of production in the 4 ½” production tubing. This confirms that once the 2 3/8” is installed in the wells the gas will flow in a predictable and stable manner.”

SASB gas field

The SASB gas field is producing critical domestic supply of natural gas during the energy crisis gripping Europe at this time. SASB is a conventional gas field located in the Southwestern Black Sea, consisting of numerous conventional natural gas pools located in shallow water. The fields have produced over 43+ BCF since initial development in 2007. Production platforms, pipelines, initial wells and gas plant cost in excess of US$600m (100% interest). Trillion is redeveloping the field with a planned 17+/- well program commenced in 2022. Phase B outlines the target is to exit 2024 with 6 producing wells - 5 development wells and one stratigraphic well. 

KeyFacts Energy: Trillion Turkey country profile