Gulf Oil and Gas accountACCOUNT

Echo Energy Announces Gas to Surface at First Workover at Fraccion D

Source: www.gulfoilandgas.com 4/13/2018, Location: South America

Echo Energy plc, the Latin American focused upstream oil and gas company, is delighted to announce gas to surface on the first well of our three well workover campaign at the Company's Fraccion D asset, onshore Argentina.

Well CSo-85 was perforated across the Springhill Formation and successfully flowed gas to surface without intervention, following which the well flowed through the rig de-gassing system at an estimated rate of 2mmscf/d through a 20/64" choke with a tubing head pressure of 1,100 psi.

The full testing unit is expected on site in 10-14 days at which stage a multi-rate, extended flow and build-up test will be undertaken. The Quintana-01 rig will shortly be moving to well CSo-80 to commence workover operations this weekend.

The Company will provide market updates, as appropriate, as the workover programme advances.

Fiona MacAulay, Chief Executive Officer of Echo, commented:

'We are delighted that the first step of this exciting workover campaign has been safely and successfully completed, re-entering the well and establishing gas flow to the wellhead without any requirement for artificial lift. Once the full testing unit is in place we will analyse the well performace during the scheduled long term test. In this fast moving operational phase, the Quintana-01 rig will be moved directly to the second well in the workover campaign to complete and perforate a similar gas zone. We will update the market as the programme continues and also look forward to welcoming shareholders at our next regional event in Newcastle on 24 April 2018."

The Company considers the initial gas flows to be a positive initial indication but cautions that they should not be considered conclusive until the extended flow and build-up test is complete. Post test flow rates may be higher or lower than those initially achieved.

Exploration News in Argentina >>

Australia >>  1/21/2019 - Following the incredible Dorado discovery in 2018, Carnarvon Petroleum and its Joint Venture partner have moved swiftly to commence preparations to ap...
Norway >>  1/16/2019 - Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) explo...

Norway >>  1/16/2019 - Equinor has, together with its partners Petoro, ExxonMobil and Total, proven gas and condensate in the Norwegian Sea Ragnfrid North (6406/2-9 S) explo...
United Arab Emirates >>  1/16/2019 - The Ras Al Khaimah Petroleum Authority and RAK GAS LLC have signed an agreement whereby the Polish company is permitted to explore for and produce hyd...

Brazil >>  1/14/2019 - Petroleo Brasileiro SA - Petrobras reports that it formally expressed to the National Energy Policy Council (CNPE) interest to exercise the pre-emptio...
India >>  1/6/2019 - India's Directorate General of Hydrocarbons (DGH) plans to launch the Open Acreage Licensing Programme Bid Round-II on Monday Jan 7th in New Delhi, ac...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Argentina Oil & Gas 1 >>  2 | 3 | 4 |

More News

Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.