Roxi Starts Producing from Munaily Field
by Rigzone Staff
|Wednesday, December 05, 2012
Central Asia-focused Roxi Petroleum reported Wednesday that its Well H1 on the Munaily field in Kazakhstan began production at a rate of 125 barrels of oil per day on Sunday.
Located in the Atyrau Oblast, approximately 40 miles southeast of the town of Kulsary, the Munaily field was discovered in the 1940s and produced from 12 reservoirs in the Cretaceous through to the Triassic. Roxi acquired a 58.41-percent interest in the field's rehabilitation block in 2008.
Commenting on the news, Roxi Chairman Clive Carter said in a statement:
"We are delighted to have brought a second field into production. Taken together with the production at Galaz, Roxi's gross production now exceeds 900 bopd with 340 bopd net to Roxi."
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you