Interra Resources’ jointly controlled entity, Goldpetrol Joint Operating Co. Inc., has completed development well CHK 1173 in the Chauk oil field in Myanmar as an oil producer, according to a news release.

Interra has a 60% interest in the improved petroleum recovery contract of the Chauk field and owns 60% of Goldpetrol, which is the operator of the field. CHK 1173 was drilled to a total depth of 771 m (2,530 ft) as an infill development well to producing oil wells CHK 1166 and CHK 1171, with the primary objective of accelerating production from reservoirs that produce in this fault block, the release said. Following five days of production testing, CHK 1173 has been completed through casing perforations over eight reservoirs totaling 17 m (55 ft) at 184 b/d.

CHK 1173 is the fifth well to be completed in this fault block in 2013 and as a group has had a significant positive impact on the Chauk field oil production, Interra said. Several prospective shallower reservoirs will be tested later in this well or by shallow offset well.

Interra also announced well YNG 3260 in the Yenangyaung oil field in Myanmar has been completed as an oil producer. Interra has a 60% interest in the improved petroleum recovery contract of the Yenangyaung field and owns 60% of Goldpetrol, which is the operator of the field.

YNG 3260 was drilled to a total depth of 1,621 m (5,317 ft) in the producing Nyaung Do fault block located in southern Yenangyaung field, the release said. The primary objective of YNG 3260 was to produce oil which has not been produced by offset wells in this area of the Nyaung Do fault block. YNG 3260 has been completed at 5 b/d of oil per day through casing perforations over 6 m (20 ft) in two reservoirs. The production will be monitored pending possible additional reservoir stimulation in the future.