OPERATIONS

Oilex hires big guns

OILEX is back in action at the Cambay PSC in India’s industrial heartland state of Gujarat, having hired oilfield services giants Schlumberger and Baker Hughes for its 2017 work program.

Oilex hires big guns

Schlumberger and Baker Hughes, both global leaders in the stimulation of tight gas reservoirs, will advise Oilex on the optimal well and stimulation design needed to achieve potential commercial flow rates.
 
Oilex has as a significant multi TCF gas resource at the Cambay PSC in the EP-IV tight siltstones that requires drilling optimisation and stimulation technologies to achieve commercial flow rates. 
 
Schlumberger has been appointed to provide geomechanical, fluid sensitivity and proppant embedment testing on the Cambay-23z core along with their recommendations on future technical work. 
 
The data from these tests will be used to carry out the geomechanical modelling required for optimisation studies. 
 
Baker Hughes has been appointed to provide detailed geomechanical modelling to assess and recommend optimised drilling and stimulation solutions to maximise production from the EP-IV reservoir. 
 
Baker Hughes will also provide specific recommendations on fluid chemistry and proppant optimisation required for the stimulation of any future wells. 
 
Oilex announced on Friday that the studies have already started and are due to take about three months, as the analysis of the core from Cambay-23Z is essential in the planning of both future wells and the stimulation processat the Cambay PSC. 
 
Managing director Joe Salomon said Oilex was fortunate to be working with world class tight gas experts, Schlumberger and Baker Hughes, whose assistance is important to unlocking the commercial success of the large gas resource at Cambay. 
 
Oilex's work on Cambay had previously been stalled due to a lack of funds and a derelict partner in Gujarat State petroleum, but is now planning to complete two workovers across the shallower OS-II conventional reservoir and wants to re-establish gas flow from the historically productive zone.
 
Last month the Australia and UK-listed juniopr undertook a two-tranche placement to raise £1.1 million (A$1.78 million) to help unlock Cambay's gas potential.

 

TOPICS:

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.

editions

ENB CCS Report 2024

ENB’s CCS Report 2024 finds that CCS could be the much-needed magic bullet for Australia’s decarbonisation drive

editions

ENB Cost Report 2023

ENB’s latest Cost Report findings provide optimism as investments in oil and gas, as well as new energy rise.

editions

ENB Future of Energy Report 2023

ENB’s inaugural Future of Energy Report details the industry outlook on the medium-to-long-term future for the sector in the Asia Pacific region.

editions

ENB Cost Report 2021

This industry-wide report aims to understand current cost levels across the energy industry