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TRILLION ENERGY COMMENCES SASB 3D SEISMIC REPROCESSING PROJECT
Reprocessing will assist in further exploration and development of Gas Pools
January 31, 2023 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62). Trillion is pleased to announce the commencement of it’s 3D seismic reprocessing project for SASB.
The existing 3D seismic data covers 223 km2 and includes the SASB block. This old 3D seismic shot by WesternGeco in 2004 is good quality and was processed in 2004 with pre-stack time migration (PSTM). Since 2004, vast improvements in seismic data processing algorithms have occurred. As SASB has very complex geology, reprocessing with advanced pre-stack depth migration (PSDM) and incorporating time-depth data from wells drilled since the old PSTM model was created will create a superior model.
Uses of the new PSDM seismic velocity model will include:
Obtain a more detailed and accurate mapping of individual gas reservoir units, provide better imaging of the gas trapping faults and superior structural maps;
Further, identify and define stratigraphic exploration gas prospects (to which there are many on SASB) but which have never been drilled;
Mapping the deeper Cretaceous Akveren Formation “CAF”, which has never been explored, but which contains tantalizing deeper anomalies based on the old PSTM model. Onshore proximate to SASB, there are many oil and gas seeps originating and contained within the Cretaceous sediments. The data reprocessing is scheduled to commence early March 2023 and is anticipated to take five to six months to complete.
Arthur Halleran, CEO of Trillion, stated:
“Reprocessing the 3D seismic data using modern cutting-edge technology will increase our understanding of the gas potential at SASB and is the first step to making significant new discoveries. The cost of reprocessing is infinitesimal compared a new 3D shoot of this size. The reprocessing will allow mapping of extensions to existing structurally trapped gas pools, discover new gas pools and improve resolution of the stratigraphic exploration prospects. I am excited about what we will also see in the deeper Cretaceous age formations, where onshore oil and gas seeps have been found 20 to 30 km from SASB.”
More selling off to begin FED week.
I'm expecting more selling through the FED's Wednesday rate hike in all sectors, even a penny stock with operations in Turkey.
But... We have Guluc2 right around the corner from production, then a fourth well to be added shortly afterwards. If we do see a deeper dip through this Thursday - Friday, I will be adding TRLEF.
Sweet! Increased $$ over time.
IMO
WEEKLY DRILLING REPORT JANUARY 12, 2023
WELL: Guluc-2
Spudded December 10, 2022. Days since spud: 33
Progress: 0
Measured Depth: 3199 metres
Week Summary:
Recover fish from 3198 metres depth – 29 metres of bottom hole assembly (BHA)
Clean borehole and back ream
Run in 9 5/8” x 9 7/8” casing to 3195 metres, perform casing cement job (3 days)
Wait on Cement (WOC) to set
Perform pressure tests – all tests good
Further Activities:
Drill out bottom cement plugs
Drill 8 1/2” x 9” hole from 3198 metres to about MD of 4000 metres (TD)
Put in and cement 7” casing
Wait on cement
Evaluate Logging While Drilling (LWD) data to pick perforation intervals
Perforate and test gas zones.
Turn over to Production Operating Partner
The well Guluc-2 has just finished cememting 9 5/8" x 9 7/8" casing to 3195 metres measured depth (MD). The next stage is to drill the 8 1/2" x 9 " hole from 3195 metres downward through the gas pay zones to the MD of 4000 metres. Guluc-2 is currently on time, on budget and on target.
Nice update. The revenue is flowing in more an more. Trillion is doing things right.
Trillion Energy Adds Additional Wells To SASB Work Program
Three new side-track wells added to program for total of 11 planned well operations during 2023
January 10, 2023 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62). Trillion Energy is pleased to announce that it has identified several additional opportunities to increase production at the SASB gas field during 2023 by adding three side-track wells to its development program. The total number of wells now contemplated in the SASB development program has increased from seventeen (17) to twenty (20).
Eleven of these well operations are anticipated to occur during 2023, which will result in rapidly increased quantities of natural gas production during the year. Side-track wells and workovers take relatively less time than long reach directional wells (10-30 days vs 45-48 days for a new drill), thus, allowing for an increase in the number of planned wells for 2023.
The side-tracks cost about $3 million less per well than long reach directional wells as they utilize a large section of an existing well bore where a “window” is then milled out from the existing casing to create the new well. The South Akcakoca2 well was successfully drilled as a side-track during 2022.
The opportunity for the additional three side-track wells arose using experience gained from the successful recompletion of initial wells drilled during 2022 as well as other geological works. Production volume, log evaluations, perforation intervals and gas production behavior has now been evaluated to calculate the estimated remaining gas reserves in the East Ayazli Gas field and Akkaya Gas field.
The Company anticipates similar production volumes from the added sidetracks compared to other new wells planned in the drilling program.
Natural gas sale prices for January 2023 are about US $27/MCF, historically high pricing for the Turkiye region.
Arthur Halleran, CEO of Trillion, stated:
“During 2023 we are focusing on using the Uranus rig to increase production through new wells, sidetracks and workovers. An added benefit of drilling side-tracks from existing well boreholes is that they are already tied into the pipeline and production facility, so once drilled and completed the wells are immediately put on production. We are currently in the process of getting our partner’s feedback on the proposed side-tracks. We are pleased to have developed a work program which permits continuous drilling over the year to enable us to exit 2023 with 13 wells.”
Trillion Energy Adds Additional Wells To SASB Work Program
Three new side-track wells added to program for total of 11 planned well operations during 2023
January 10, 2023 - Vancouver, B.C. - Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62). Trillion Energy is pleased to announce that it has identified several additional opportunities to increase production at the SASB gas field during 2023 by adding three side-track wells to its development program. The total number of wells now contemplated in the SASB development program has increased from seventeen (17) to twenty (20).
Eleven of these well operations are anticipated to occur during 2023, which will result in rapidly increased quantities of natural gas production during the year. Side-track wells and workovers take relatively less time than long reach directional wells (10-30 days vs 45-48 days for a new drill), thus, allowing for an increase in the number of planned wells for 2023.
The side-tracks cost about $3 million less per well than long reach directional wells as they utilize a large section of an existing well bore where a “window” is then milled out from the existing casing to create the new well. The South Akcakoca2 well was successfully drilled as a side-track during 2022.
The opportunity for the additional three side-track wells arose using experience gained from the successful recompletion of initial wells drilled during 2022 as well as other geological works. Production volume, log evaluations, perforation intervals and gas production behavior has now been evaluated to calculate the estimated remaining gas reserves in the East Ayazli Gas field and Akkaya Gas field.
The Company anticipates similar production volumes from the added sidetracks compared to other new wells planned in the drilling program.
Natural gas sale prices for January 2023 are about US $27/MCF, historically high pricing for the Turkiye region.
Arthur Halleran, CEO of Trillion, stated:
“During 2023 we are focusing on using the Uranus rig to increase production through new wells, sidetracks and workovers. An added benefit of drilling side-tracks from existing well boreholes is that they are already tied into the pipeline and production facility, so once drilled and completed the wells are immediately put on production. We are currently in the process of getting our partner’s feedback on the proposed side-tracks. We are pleased to have developed a work program which permits continuous drilling over the year to enable us to exit 2023 with 13 wells.”
TRLEF and PTHRF
Both on sale
Easy Work in progress..
https://mailchi.mp/trillionenergy/weekly-drilling-report-january-5-2023?e=59502a8d28
I’m not sure the time frame to turn this well over to production. I’m thinking 2 weeks. Casing and time for concrete to dry. Punch a few holes in the wall and see what pressure we get..
Wassup ?......The declining Euro nat gas prices which I've sort of been catching wind of ?
Loading big bid.. 
IMO
The Trillion story just keeps getting better.
VIRT (MM) is not playing today?
IMO
SASB's production profile which includes the production profile of South Akcakoca-2 and Akcakoca-3, with November's revenue and projected revenue numbers with the addition of charts and additional data.$TCF 🇨🇦 $TRLEF 🇺🇸 $Z62 🇩🇪https://t.co/dQZwZFJLsN
— Trillion Energy (@TrillionEnergy) December 22, 2022
