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77bopd,....cautious figure from me, after reading this bit "relatively sizeable production uplift", in the comments.
Source: https://www.londonstockexchange.com/news-article/ZEN/successful-workover-of-rob-1-onshore-tunisia/15184932
Agree with your comments, rpg7,......"Think the volume,although material is secondary to the proof that Zen can successfully deliver their programme. as it states on the tin."
BW
195
225 is my calculated guess
118 bopd is my estimate with flow controlled.
100 bopd is my guess
Thanks for that AGEOS I suspected that the video would not tell us anything but I still hoped that I was wrong.
I am impressed with how much oil people on here think that ROB-1 will produce after the workover since it was only producing 20bopd beforehand. For me anything over 100bopd would be an incredible result as it would bring in quite a lot of cash to the company and also prove that Zenith had got operations in Tunisia under control in a way that they never did in Azerbaijan. 200+bopd and I would think that I had woken up in an alternate dimension. I'd be very happy though.
CanaryinTheMine, “is there any way of telling from the video how much oil the pump is likely to produce?”
Simple answer is no, as it is the well-production rate, as determined by the physical-chemical characteristics of the reservoir and its constituent liquids/gases, and the structure of the well, which dictate the specifications of the sucker-rod pump and not the other way round. Basically, the pump assemblage is custom built to conform with the anticipated production potential of the well but with the proviso that the pump has greater capacity than the well. After the killing-fluid and water-emulsion is removed, the pump performance will be monitored and adjusted to ensure that pump capacity, as determined by stroke length x stroke frequency x plunger diameter, is consistent with downhole inflow rates sufficient to produce stable oil flow at surface.
It follows, from the above, that the pump assemblage is designed to handle at least up to the 60-80 bopd stated in RNS as a potential, a flow rate which may have been calculated on the basis of enhanced production from the uppermost Upper Meloussi reservoir alone. With the disclosure that some perforations into the lowermost reservoir have now also been cleaned out, the possibility of additional flow at that level also exists and no doubt the pump design would have been enhanced accordingly. The pump is within the production tubing and probable at or near well bottom judging from the stacks of bore-rod shown in an earlier visual, so perhaps they decided to increase the pump-barrel length in anticipation of extra production if the lower reservoir flows. We will know soon enough.
Apologies if this is incomprehensible. It would be far worse if I went into full techno mode.
AGEOS.
Congo is a case of TIA, new Government, changes at OD and then i presume a difficult PSA negotiation + Zenith are owed just under 6MUSD. So few things for Andreas and his Country Manager to work through. If they get that over the line, it will be amazing. Then we are talking uplift. But i am greatly impressed by what he has achieved in Tunisia, both for the money and time period. Applause all round Andreas!
Think the volume,although material is secondary to the proof that Zen can successfully deliver their programme. as it states on the tin.
will be happy with more than 60 barrels................if we get 100-250 would be amazing and would expect a huge uplift.........lets see not long to go........dyor
Anything over 100bopd would be a great result and more cash to add to our market cap.
Well they've stated that the pump was only producing at 20% capacity with their 20BPD before workover. That gives 100BPD full capacity alone + there was a large amount of waxy buildup which was plugging up many of the lower perforations too so I'm going for 300BPD+ and wouldn't be at all surprised if kyle's not correct with the 500BPD call.
Thanks for that Takeyourbets. Judging by the way that machinery is pumping away in the video I may have to revise my guess higher!
Seriously though AGEOS or MGS is there any way of us telling from that video how much oil the pump is likely to produce?
500bopd+ please make is rich!
https://twitter.com/zenithenergyltd/status/1453282635921477645
90 bopd is my guess.
Could some kind poster help me with some confirmatory assistance?
Leaving aside the Italian assets, I have ZEN currently producing at 540 bopd.
Is this correct?
Thanks in advance.
110 bopd
140bopd.
Lets hope they have been overly cautious with their 60-80bopd prediction & the additional improvements will give an extra few bopd.
Put me down for 200 bopd+ !
GL.
Since we should be expecting the Rob-1 flow rates any day now let’s have a little fun and see who is the most accurate amongst us in picking what these will be. I am sure that most already know this, but:
1) Before the workover it flowed at 20bopd
2) Historically it used to flow at 50 bopd (before the last workover)
3) The company were hoping to increase the flows to between 60-80 bopd.
I think that from reading the last RNS then we are going to do better than the company originally planned and so my guess is for flow rates of 100bopd.