PYM 0.00% 0.0¢ pryme energy limited

production liner successfully installed

  1. 224 Posts.
    lightbulb Created with Sketch. 1
    Another step in the right direction

    Production Liner Successfully Installed
    Rosewood Plantation 21H No.1
    Turner Bayou Chalk Project
    HIGHLIGHTS
    Perforated production liner run to 19,178 feet TMD
    Packer installed to stop flow of oil and gas to surface during completion
    Flow testing scheduled for early next week
    Rosewood Plantation 21H No.1 (61.53% Working Interest / 46.15% NRI)
    The 4,480 feet (1,365 metre) long pre-perforated production liner has been successfully installed in
    the Rosewood Plantation 21H No.1 well to a total measured depth of 19,178 feet (5,845 metres). The
    liner runs from inside the lower 200 feet of the intermediate casing to the end of the lateral.
    A packer has been installed inside the intermediate casing, above the production liner, to isolate the
    oil and natural gas in the lateral from the surface while the drill rig is moved off site and a workover
    rig is set up to finish completion operations. The workover rig will run steel tubing down the well, into
    the packer above the production liner. Once the tubing has been run the packer will be opened up,
    to provide connectivity to the lateral, and the well will be flow tested.
    “We have successfully installed a perforated liner through the reservoir interval and have completed
    the most mechanically challenging phase of the completion process. During completion we have had
    to manage oil and natural gas trying to flow back to surface which is a good sign,” said Justin Pettett,
    Pryme’s Managing Director. “This completion, along with the compelling evidence of a significant
    fracture system being intersected near the toe of the well, makes us confident that we can look
    forward to a strong initial flow rate.”
 
watchlist Created with Sketch. Add PYM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.