Elixir completes Mongolian CBM well
SUMMARY
Tim-2 is a follow on from the successful Tim-1S exploration well drilled earlier this year.
By Shardul SharmaPOSTED IN:
Australian coalbed methane (CBM) explorer Elixir Energy has completed the drilling of the Tim-2 appraisal well at its 100% owned Nomgon IX CBM project in Mongolia, the company said on May 5. Tim-2 is a follow on from the successful Tim-1S exploration well drilled earlier this year.
Tim-2 logged drilled to a total depth of 1,020 m – the deepest well Elixir has drilled in Mongolia to date. It logged 3 m of coal and 5 m of silty coal. “Localised faulting is attributed for the decrease in coal thickness from Tim-1, and Elixir will now integrate the Tim-2 results with geological mapping, age dating and potentially new seismic to better define this coal-bearing sub-basin,” it said.
The Nomgon project is located in the Gobi Desert on the Mongolia-China border. Elixir late last year raised its prospective resource estimate from 7.6 trillion ft3 to 14.6 trillion ft3 on a risked basis.
