The well operations will take approximately 61 days to drill, log, case, and complete. An extensive production testing program is planned following the release of the drilling rig. Subsequent to drilling the MLE-3 well, FCP plans to drill two additional delineation wells on the MLE structure.
An independent engineering assessment of the reserves recently estimated gross proven, probable and possible natural gas reserves of more than 5.7 trillion cubic feet equivalent (TCFe), of which 708 billion cubic feet of natural gas equivalent is proven and 2.39 TCFe is proven plus probable. The drilling of the three delineation wells will provide further assessment of the reserves in the above categories.
Most Popular Articles