SANDSTONE HEAVY OIL RESERVOIR AND THE STRATEGY OF PRODUCTION WITH MODERATE SANDING Yiting Xie and Zhaohui Chen State Key Laboratory of Oil and Gas Reservoir Geology and Exploitation, Chengdu, Sichuan, 610500, P.R.China
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· Oilfield Technology , Monday, 19 October 2015 15:00. Advertisement. LGO Energy plc has provided an update on its recently drilled well GY-678. In the interim statement released on 18 September 2015, the Company reported a mechanical problem had been encountered with well GY-678, the last of its seven planned wells in 2015 to
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· More Goudron reserves for LGO LGO Energy plans to accelerate drilling plans on its Goudron oilfield in south-east Trinidad after results from an independent assessment revealed
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PORT OF SPAIN, September 8, 2015 – The London producer LGO Energy announced on Tuesday that it had struck oil in the GY-678 well in its Groudon field holding in Trinidad in Tobago.“ Well GY-678, the seventh C-sand well this year, was targeting an area of anticipated thicker sandstone development and has successfully located a similar
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· Individual wells are expected to take about 14 days to drill and complete for immediate production. LGO has also engaged Bedrock Drilling Limited, a UK based specialist drilling engineering company, to provide drilling engineering supervisory support to the drilling programme.
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· Production from Pad 4 is now expected to commence in the next few weeks." Well GY-674 is the third of seven wells planned for 2015. The net oil pay in the Goudron Sandstone was encountered between 520 and 1730 ft measured depth (MD) with an estimated net pay totaling 492 ft.
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· LGO Energy plc announced Wednesday that work has begun to increase oil production at its Goudron Field in and complete 223 feet of new net oil pay in the Goudron Sandstone section in two
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· The wells at the Goudron Field are estimated to cost $500,000 per completed well, with initial production targets conservatively set at an average of 45 barrels of oil per day per well. However, based
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Uk Oil & Gas (UKOG) 40 Top Recommended HeresHopin 1,016.30 Troajan 795.74 Brighty1 640.05 F1Driver 629.24 HarChris 618.43 FX Crypto News/RNS
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· LGO is pleased to provide a further update on its plans to recommence production drilling at the Goudron Field in Trinidad following its announcement of 21 December 2016.The Company's local operating subsidiary, Goudron E&P
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· In early 2017 the 50-year concession to the Ayoluengo Field ended and LGO now derives all of its oil production and revenues from Trinidad where it has three fields: Goudron, Icacos and Bonasse.
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· LGO Energy plc (LSE AIM: LGO) has provided an update on its Goudron Field work plans announced on 9 March 2016. The company previously announced that it was planning to increase investment in production operations due to the general stabilisation in the oil
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· According to a press release, LGO, through its local subsidiary, has outlined approval for 45 new wells in the Goudron Field and up to 70 infill wells designed to increase production from the ubiquitously present shallow oil pay in the Mayaro Sandstone (formerly termed the Goudron Sandstone). The first well, currently
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· Oilfield Technology , Thursday, 28 April 2016 10:30. Advertisement. LGO has announced that production has started from a new interval in well GY-671 on the Goudron Field in Trinidad. A total of 208 ft of perforations were added to the Upper C-sand reservoir after setting a packer to isolate this zone. This particular sandstone interval has
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· GY-678 Well Successfully Reached TD at 4,219 feet Measured Depth. LGO is pleased to announce that the last of its currently planned 2015 development wells, GY-678, at its Goudron Field development in Trinidad, which was spudded on 13 August 2015 successfully reached TD at 4,219 feet measured depth ("MD") on 5 September.
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· · Goudron Field has 2P oil reserves of 7.2 million barrels ("mmbbls") and further contingent oil reserves of 63 mmbbls, with an oil-in-place of 127 mmbbls (2P). · The first new well, H-18E J-7, will be drilled to approximately 4,000 feet and is targeting net oil sands of 250 feet in the Gros Morne sandstones and a further 100 feet in the Lower
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LGO Energy is pleased to announce its first significant production results from the recompletion of a new well, GY-672, in the shallow oil bearing sandstones of the
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· That well, currently designated H18 G-11, will be drilled vertically to a total depth of 1250 ft and is expected to intersect oil pay between 650 and 1050 ft. Receipt of drilling approvals from Petrotrin and the MEEI have typically taken less than 15 days.
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· LONDON -- LGO can today confirm that Rig#18 has now been successfully mobilized to Goudron field, where it has been contracted to drill at least two infill wells to the Mayaro sandstone reservoir.
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· London-listed player LGO Energy has increased the oil estimate at its Goudron field in south-east Trinidad following the latest independent review on the acreage. 18 July 2016 8:51 GMT
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LGO Energy plc is pleased to announce its first significant production results from the recompletion of a new well, GY-672, in the shallow oil bearing sandstones of the
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· A campaign of 20 new Goudron Sandstone wells at an estimated total cost of US$9 million is also on hold with an estimated incremental production potential of over 1000 bpd. The company is also in discussions with the Petroleum Company of Trinidad and Tobago Limited (Petrotrin) on adjustments to the overriding royalty rates paid on
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