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Wednesday, September 7, 2011

Oilex Notes Progress in Cambay Clean-Up Ops

- Oilex Notes Progress in Cambay Clean-Up Ops

Wednesday, September 07, 2011
Oilex Ltd.

Oilex advised that operations to prepare for well clean-up flow and production testing are continuing. Operations to retrieve down hole equipment, open up the remaining fracture stimulation stages and install production tubing will be conducted with a workover rig. Given the likely duration of this phase of the operations will be a few weeks, Oilex will provide the next update on operations when progress has been made.

The Cambay-76H "proof of concept" horizontal well is evaluating the production potential of the Y Zone interval of the extensive deep Eocene "tight" reservoirs in the onshore Cambay Production Sharing Contract area, Gujarat, India.
  • Report date: September 6, 2011
  • Status Preparations for well clean-up flow and production testing
  • Past Week's Operations
    • Sourcing rig and equipment for the planned operation to retrieve tools in well
    • Successfully completed chemical cutting of coil tubing in hole
    • Demobilized surplus equipment, personnel and services.
  • Objective: Cambay Eocene "tight" reservoir Y Zone
  • Total Depth: 2,740 meters including 610 meters horizontal section

The participating interests in the Cambay PSC are:
  • Oilex Ltd (Operator) 30%
  • Oilex NL Holdings (India) Limited 15%
  • Gujarat State Petroleum Corporation Ltd 55%

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