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Oilex says prep for five-well workover largely complete

Published: 07:28 30 Oct 2015 GMT

oilex,_Cambay_facilities
Production continue from one well, and a temporary pipeline is now in place for four others

Oilex (LON:OEX) told investors that preparations for a five-well workover programme at the Cambay gas field were, by the end of the third quarter, largely complete.

It also highlighted, in the quarterly activity report, that temporary pipeline to connect the Cambay 77-H well, and three other wells, was completed. The pipe is operational.

The company also said the technical evaluation of thirteen of fourteen tenders for a planned new drilling programme was nearly complete.

During the period the Cambay-73 well was on continuous production. Presently output from the one well is relatively modest, though volumes will rise as more wells are brought on.

It also highlighted that construction work continued at the Bhandut field, and the project should be complete in November. Production testing during the period enabled an upgrade to Bhandut’s contingent resources, to 425mln cubic feet of gas.

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