Worrying post on Advfn13 Jan 2024 08:34
“I’ve not seen a link to the Schwarzbach Field development plan yet, but I did pick up some interesting gossip a while ago. Apparently the Schwarzbach -2 well is still doing under 100 bopd, possibly no better than 50 bopd, albeit with a very low 2.5% water cut and the gas / oil ratio less than 100 cubic feet / barrel. So it's quite a low energy reservoir if this is true, or maybe it's been damaged by drilling mud, or the drilling itself. Make of that what you will, as it may not be reliable, or perhaps very out of date info.”