RE: Happy Ops-tober people!1 Oct 2021 17:14
no mention of a need to farm-out or to find a partner here and i would also say, that they have a good understanding of KN-1 well condition. don't forget the KN -1 well is already connected to TPDC new Songo Songo gas plant, that is hardly being used at the moment. so you would expect TPDC to be very cooperative.
"As a result of reservoir pressure decline and compartmentalisation, the Kiliwani North-1 well has not produced during the period. The well has produced approximately 6.5 BCF of gas to date, from a compartment estimated to contain approximately 10 BCF. Estimated gas resources have been independently audited by RPS, who show the Kiliwani North structure to contain approximately 31 BCF (gross mean GIIP)."
"Aminex undertook preliminary remedial work to repair the downhole safety valve in late 2018 which resulted in the flow of a small volume of gas, to the gas facility, before the well quickly ceased flow, likely due to fluid build-up in the wellbore. Aminex has prepared a perforation strategy for a lower zone within the reservoir and an alternative remedial work programme intended to establish fluid levels in the wellbore, reservoir pressure and to unload potential fluid using foam treatment."
"The Company is working with the TPDC on agreed methods to handle wellbore fluids which will potentially be unloaded during operations on the well. Agreement and planning will be required prior to undertaking operations, including resolution on the outstanding receivables of US$8.34 million for previous gas sales from KNDL and related late payment interest. As stated above, the past year has seen a series of constructive meetings held between the Company and the TPDC where substantial progress has been made in reaching a resolution for amounts due for past gas sales."