Winstar Resources provided an update on the results of the testing operations at its 100% owned and operated Chouech Essaida No.11 well (CS No.11) in southern Tunisia.
The Company's current operational plan is to place the bottom two zones on production at an anticipated production rate of approximately 700 bbl/d of oil. The upper zone will be produced in the future, likely with the mechanical assistance of a downhole pump.
Once again, the Company cautions that the initial production rates may not reflect the long term productive capability of the well and that the optimal rate of production may not be its full productive capacity. The Company further cautions that some facility modifications will be required including, but not limited to, the construction of additional oil tank storage and incremental gas compression at the Chouech Essaida CPF and additional oil storage capacity at the Company's oil sales terminal located at El Borma, prior to the Company being capable of producing all incremental oil and gas production without restriction.
Most Popular Articles
From the Career Center
Jobs that may interest you