This is a very interesting read
www.byronenergy.com.au/secure/downloadfile.asp?fileid=1002705
inparticular the following paragraph
"Key operational and financial elements of the project are:
Low project capital cost, of US$21 m (gross) for the refurbishment of a pre‐owned tripod platform,
fully manned to provide operational control. The tripod will have capacity to handle up to 4,500
bopd of oil and 36 mmcfd of gas from wells located on BYE’s platform, and with some future
modifications, hydrocarbons from other BYE leases could be produced as well."
Does this indicate that with modifications the current platform will be able to produce more than 4500 bpd.
Seems likely, as it already has the capacity to produce from 5-6 wells.
Also, from the same report
Area Operator W.I‐% N.R.I‐% Expiry Date
South Marsh Island (SMI)‐57 Byron 100.0 81.3 June 2022
SMI‐59 Byron 100.0 81.3 June 2022
SMI‐70 Byron 50.0 40.6 July 2017
SMI‐71 Byron 50.0 40.6 SOP**
SMI‐74 Byron 100.0 81.3 June 2022
Eugene Island Block‐18 Byron 100.0 78.8 April 2020
Eugene Island Block‐63 Byron 100.0 81.3 May 2018
Eugene Island Block‐76 Byron 100.0 81.3 May 2018
Bivouac Peak (*) Byron 90.0 67.1 Sept 2018
Blocks 63 and 76 are up for expiry in may of 2018, are we going to see a farm in shortly?
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