Cambay PSC Update
Synergia Energy Ltd has provided an update on its Cambay PSC in India, detailing the completion of workovers on four legacy wells: C-64 is producing approximately 30 barrels of oil per day with a 50% water cut, C-72 is cleaning up brine kill fluid after re-perforation and SRP replacement, C-19z is producing 2-3 barrels of oil per day with ongoing SRP optimisation, and C-08 is also cleaning up brine kill fluid with gas output planned for connection. Additionally, well C-74 continues to produce around 60 barrels of oil per day, and C-77H is producing 0.08 million standard cubic feet per day. The company is also planning a new well, C-79, targeting the Eocene reservoir's oil leg.
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Synergia Energy Limited (Synergia or the Company) announces the following update regarding its Cambay PSC (WI 50%) in India.
Cambay PSC Workovers
The following four legacy well workovers have been completed:
C-64: Sand build up caused the sucker rod pump ("SRP") to seize and the well was worked over to remove the sand and to optimise the SRP. The well is currently operating on a reduced pump rate and producing c. 30 bopd with a 50% water cut.
C-72: The well was re-perforated in the OSII formation and the SRP was replaced. The well is currently cleaning up the brine kill fluid.
C-19z: This well has been consistently producing small volumes of oil on natural flow. An SRP has been installed and a gas pipeline is being installed to connect gas output to the C-73 facility. Initial production rates of c. 11 bopd has since fallen to 2-3 bopd and the SRP optimisation is ongoing.
C-08: The workover operation has recently been completed and the well is currently cleaning up the brine kill fluid. The gas output is planned to be connected to the C-73 facility via a new pipeline currently under construction.
In addition to the above four wells, C-74 continues to produce c. 60 bopd and the C-77H well is producing at a rate of .08 mmscfd.
Note: All production data are gross.
C-79 new well planning
Selan and Synergia's technical teams have been in detailed discussions regarding the planned C-79 new well to be drilled into the Eocene reservoir. The discussions concern the well target which is planned to intersect the oil leg of the Eocene reservoir.
For and on behalf of Synergia Energy Limited
Roland Wessel
CEO
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.