RE: State of play9 May 2018 11:49
Knobby, does this answer your question? Perhaps the last paragraph is deja vu all over again haha
didso seems to be on point here. Pays to do your research my dear old thing. Take Care
10 June 2013
GAS PRODUCTION TRIPLED
RANCH�CAPAY GAS FIELD
SACRAMENTO BASIN, CALIFORNIA
Australian Oil Company (AOC) is pleased to announce that two successful perforations in the
Cretaceous Kione Formation has tripled the previous daily production of the Rancho-Capay
Gas Field from 350 mcf/day to over 1,100 mcf/day.
AOC owns a 40% share in 5 producing wells in the Rancho-Capay Gas field in the northern
Sacramento Basin in California. Two of the five wells, Flying Tiger 1-16 and Stoney Creek
1-2 have been re-entered and a new previously untested zone has been completed.
Both wells are already tied into gas sales lines with Flying Tigers 1-16 currently flowing at
400 mcf/day on a restricted choke, having been perforated at a cost of $US9,000.
Stoney Creek 1-2 was perforated at a cost of $US7,000 and is currently flowing at 330
mcf/day on a restricted choke.
The Operator has advised that well pressures observed in both wells collectively could
generate an unrestricted flow rate of up to 1,400 mcf/day but in order to maximize ultimate
recoverable reserves, has decided to choke back the wells as detailed above.