Oilex Ltd is pleased to provide the following workover update: Production from the Cambay Field is now ~75 boepd and may increase in line with demand from the local low pressure gas market now that Cambay-77H is online.

Cambay-77H The Cambay-77H workover is complete and, based upon cumulative production since restarting the well, is now averaging ~51boepd via the flowline connection to Cambay-73 facilities. The well is producing through a 1/64 inch choke and the tubing head pressure is ~2,600 psig and steady.

Production from Cambay-77H is meeting the demand from the local low pressure gas market, including a peak demand rate of ~0.500MMscfd for ~1 hour period that occurs twice daily. At peak demand, gas is being sold from Cambay-77H at greater than 110boepd using the average condensate to gas ratio (CGR) of ~55bbls/MMscf since restarting the well.

Tags: Oilex Ltd