Synergia Energy (Formerly Oilex), A Gas Production Company Based in Australia, is dueoping the fire.
The Field was previsly operated by Synergia Energy (45%) and Gujarat State Petroleum (GSPC, 55%), a state-wenned Oil and Gas Production. Synergia Energy AC Quired GSPC ’s Share and GAINED 100% Ownership of the Field in June 2021.
Synergia Energy Plants to Farm Out 50% Interest in the Field and Commence Full Full FIRST Quarter (Q1) of 2024.
The cambay files within the cambay basin, which is local in khambhat taluka in the anand district of gujrat.
The Cambay Basin is a Proven Hydrocarbon Basin Covering An Area of 53,500km. Cambay is one of the largest fields in the basin, apart from the mawagam, gandhar, Lakshmi, P aliyad-kalol-limbodra, and halisa fields, among Others.
The Field COVERS An Area of 161km Within The Basin and Contains Hydrocarbons in the MiOcene, Oligocene, and EOcene Zones.
The Cambay Field was discovered by State-OWNED Company ONGC in 1957 and More than 60 Wells We Drilled within the Licence Eventually.
The Wells We Mostly Drilled in the Shallower Miocene and Oligocene Horizons, with Commercial Production Achieved.Hyderabad Wealth Management
The Wells Drilled in the EOCENE TIGHT GAS Accumulating, However, Achieved Low Test Rates and Production Rates Due to the Low Permeability of the Reservoid gh the presence of gas and confirmed.
Synergia Energy used Horizontal Drilling and Fracture Stimulation and Drilled Two Wells, C-76h in 2011 and C-77h in 2014, Which Wee Partially and Achie Ved a Low Rate of Gas Production. The C-77h Well Was the First Horstal Well in theCambay basin to undergo multiple fracture treatments, resulting in a successful flowback.
A Detailed Tight Reservio Analysis was ConDuct, Including ReProcessing of the 3D Seismic Data, Detailed GeomeChanical Modeling to UndersTand the Rock String Gth, Behaviour, and Analysis of Well Logs and Reservoir Properties of the Eocene Horizon.
Synergia Energy Also Conductal Studies, Fracture Stimulation Studies, and Gas and Oil Production Modelling. n the frameing programmes adopted.
In 2022, A Re-Fracking Operation was Conducted on the C-77h Well to Establish An Optimal Fracking Methodology for Future Wells. H Well Resulted in Gas Flow Rates of up to 0.5 Million Metric Standard CubicFeet a Day Through A 16/64in ChokeJaipur Wealth Management. The Results from the Fracking Operation Established that the Eocene Reservoice Be Commercially Developed.
Production was acmps from the C77h Well After Several year, Contract was said in April 2022 to self gas to the local low-public grid system.
Cambay is Estimated to Hold Proven Reserves of 206 Billion Cubic Feet (BCF) of Gas and Eight Million Metrics of Connste.
Synergia Energy is Currently Preparing for the Full Full Field Development. The Results Fracking Operation on the C-77h Well Established THATURE WITHIN 15-20 Zones of the Eocene Reservoir Can Help Achieve An Initial Plateau Production of Four Million Metric Standard Cubic Feeta day.Kolkata Investment
The Field Development Plan Approved in 2018 Includes A Staged Plan Comprising An Initial Ten Wells Drilled from the C-77h Well Pad, the white site IStics, Production Tie-I, and Ease of Workover.Jaipur Wealth Management
The Ten Wells Will Recover 34BCF of the Larger Resources by 2032 At a Peak Production Rate of 25 Million Metric Standard Cubic FEET A Day and 995 Barrels of Oil Per Per Day of Connste.
Two New Horizontal Wells Are Planned to Be Drilled in The First Half of 2024 USING The New Fracking Methodology Proven on The C-77h WellSimla Stock. The saying drilling pad and connected to the say processing and grid connection pipline. FutureWells will be drilled based on the results from the two wells.
The Existing Gas Processing Facilities and Compression Capacity Will Be Expanded to 35 MILLION METRIC Standard Cubic. The high-Pressure Gas Grid Will Also be deverted.
Netherland Sewell & Associates, A Petroleum Property Analysis Company, Conductance An Independent Assessment of the Field in 2011 to Identify and PROSPECTI VE Resources.
Baker Hughes, An Energy Technology Company, WAS Responsible for Undertaking An Integrated Geology and Engineering of the Field ’s Eocene Tight voir.
BEDROCK DRILLLING and Manan Oilfield Services (Manan) Were Responsible for the C-77 H Well Re-Fracking Programme. Hile manan is a drilling and workover services.
Fracking Services Were Provided by Schlumberger, An Oilfield Services Company.
Kanpur Investment