Quotes with Resistance & Support
Market Information

Assam Co puts Amguri 10B & Amguri 11 wells on production

This article was posted on Feb 7, 2008 and is filed under Press Releases

Assam Company today announced that the company has placed the Amguri 10B and Amguri 11 wells on production.

Gross production from the Amguri field is now able to average approximately 870 bbl/d of condensate and 7 million cu. ft. per day of natural gas or 2,040 barrels of oil equivalent per day. These wells were placed on production on January 29, 2008 and the gross production is being restricted to 585 bbl/d and 4.7 million cubic feet of natural gas per day or 1,370 barrels of oil equivalent per day. To alleviate these constraints, the consortium is constructing a new 10” gas pipeline with completion expected later this quarter, and increasing capacity at the Moran oil transfer station. With the elimination of these bottlenecks, further increase in production is anticipated.

At present, Amguri 11 is producing only from one of the three previously tested intervals.

“We are pleased to inform you about the production of the Amguri 10B and Amguri 11wells and we are expecting more positive developments with the upcoming programme planned for Amguri comprising of 10 well drilling program,” commented Abhay Chawdhry, Director, Assam Company Limited.

The consortium has begun drilling operations at the Amguri 13 appraisal location on the Amguri Development block. This well shall be directionally drilled upto an approximate depth of 3,150 meters into the Barail formation. Amguri 13 is located in the northeast protion of the field near Amguri 1 well.

Sourced From: Adfactors Public Relations Pvt Ltd

Tags: , , , ,

Similar Posts:

Breakouts

+ve 30 DMA    50 DMA    150 DMA    200 DMA
-ve 30 DMA    50 DMA    150 DMA    200 DMA

Latest Query

Samrudhiglobal.com wishing you and your friends and family Advance xmas and Happy New year...view more »
- by Sam
Status: Awaiting reply

Market Stats

Search Our Archives

Latest Investment Idea

Recent Comments