They have taken great care with the well design to minimise the water cut, and so far the superior well design has delivered beyond expectations.
NDO announced today that their preliminary assessment of the data collected on the dry flow rates indicates that the wells in full production flow will deliver beyond the daily capacity of the FPSO. They fully intend to limit daily production to ensure well life longevity.
The dry flow data will be passed to GC & Assoc's for further analysis and an update on reserves etc, and tabled before production begins.
OEL Price at posting:
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