Cambay 77H production anticipated - ????? Mscf per day.....
Cambay 73 production anticipated- 200 Mscf per day. It's all falling into place nicely.
"Production from Cambay-73 is expected to commence within two months of all Government approvals and gas sales will commence immediately thereafter. The initial gas volumes may be approximately 200 Mscf per day. In addition to the cash flow from gas sales, the production data from Cambay-73 should provide important data to support the premise of commercial production rates from the X and Y zones in the Eocene."
Flow rates from Cambay-19Z. Lets not forgot what else is there.
"DST #1 successfully flowed oil to surface at a rate of over 800 barrels of oil per day (BOPD) for the first hour of the test and later stabilized at a rate of 120 BOPD on 1' choke during the final phase of the 32 hour flow period. No formation water has been produced with the oil which is 410- 430 API gravity. The Basal EP IV zone is present in at least three old wells on the Western High Block. These old wells were either not tested or were poorly evaluated and appear to have a similar log response to the zone that was successfully tested in Cambay-19Z. Preliminary indications from seismic and the analogous well logs are that the Basal EP IV may extend across the Western High Block."
OEX Price at posting:
7.0¢ Sentiment: None Disclosure: Held