Potential Hengxin: QK18-9-7 Well Achieves New Exploration Breakthrough Again

MetaMuskRat · 2026-04-09T09:31:30+00:00

People's Financial News, April 7th, According to Potentials Hengxin(300191) on April 7th, as of now, well QK18-9-7 has completed all drilling, logging, testing, and oil testing work, with a total depth of 4820 meters. The well achieved another exploration breakthrough in the lower part of the northeast of the 09/17 contract area. Oil and gas discoveries were made in the Ordovician, Jurassic, and Shaleh Street formations. The well drilled 528 meters into the target layer of the Ordovician carbonate reservoir, encountered oil and gas layers in the Ordovician, with gas detection reaching over 60%, and the hydrocarbon components are complete. The naked eye section of the Ordovician carbonate reservoir was tested and confirmed as a condensate gas reservoir. The successful drilling of this well further expands the oil and gas-bearing area of the contract zone.

MetaMuskRat

2026-04-09 09:31:30

People Finance News, April 7—On April 7, Potential Hengxin (300191) issued an announcement. As of now, Well QK18-9-7 has completed all drilling, logging, well logging, and oil testing work, with a total drilled well depth of 4,820 m. The well, in the northeast direction of the 09/17 contract area, obtained an exploration breakthrough again at a low-lying location. In the Ordovician, Jurassic, and Shahejie formation layers, oil and gas discoveries were achieved. Drilling into the Ordovician buried-hill target formation reached 528 meters. Oil and gas-bearing layers were encountered in the Ordovician, and the highest gas log measurements reached more than 60%. The hydrocarbon components are complete. Testing of the Ordovician buried-hill open-hole interval confirmed that it is a condensate gas reservoir. The successful drilling of this well further expanded the oil- and gas-bearing area within the contract area.

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