Subsea Production: News for Oil & Gas and Hydrocarbon Industries  Membership Services Ľ
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

Candax Provides Operational Update

Source: www.gulfoilandgas.com 10/19/2010, Location: Africa

Share |

Candax Energy Inc. ("Candax") is pleased to announce that the El Bibane-3 well is producing from the newly installed production string. Oil production from the El Bibane-3 well has stabilized at about 130 bopd, with some 95% water-cut, production that is comparable to the overall volume of liquids that the well was producing prior to the well's tubing failure in 2009. The well is currently being gas-lifted with gas from the El Bibane-5 well. Gas-lift is being operated as a closed loop to minimize flaring, with all high-pressure gas being re-circulated.

Richard Norris, President & CEO, stated: "We are very encouraged by the volumes being produced at El Bibane and the evolution of the production parameters. Prior to the tubing failure, the El Bibane-3 well was producing under natural flow and we fully expect that the well will revert to this behaviour. It is, however, very hard to predict exactly when this will occur after more than one year shut-in."

On Ezzaouia, the work-over of the Ezzaouia-1 well has been completed and the well is currently cleaning up. The side-track of the Ezzaouia-2 well has been temporarily suspended due to mechanical difficulties with the rig's pump equipment. Whilst awaiting replacement parts the rig has been moved to the Ezzaouia-11 well location and the planned work-over commenced today. It is planned that operations will subsequently continue with the Ezzaouia-9 work-over then re-commence drilling at Ezzaouia-2 once the rig has been made fully operational. The Company will provide further updates when available.

Subsea Production News in Tunisia >>

Foster Awarded EPCm Contract by Sasol in Mozambique
Mozambique >>  9/16/2014 - Foster Wheeler AG announced that a subsidiary of its Global Engineering and Construction Group has been awarded an engineering, procurement and constr...
Egypt and Cyprus Agree on Joint Development of Natural Gas Resources
Egypt >>  9/11/2014 - President Abdel Fattah Al-Sisi has issued a presidential decree that ratifies the previously signed framework agreement between Egypt and Cyprus on th...

KBR Wins Contract for Two Ammonia Plants in Algeria
Algeria >>  9/10/2014 - KBR, Inc. has been awarded a contract by Fertial SpA to provide licensing and basic engineering design services to revamp Fertialís Annaba and Arzew a...
Ghana Gas Project to Start Production End 2014
  Ghana >>  9/2/2014 - Ghana's delayed project to supply gas from its offshore Jubilee oil field will start production by the end of the year, President John Mahama said on ...

Bureau Veritas Wins FPSO Work Offshore Angola from Saipem
Angola >>  8/26/2014 - Bureau Veritas has been awarded a contract by Saipem to provide classification and certification services for the two KAOMBO FPSOs for service off Ang...
Bumi and Eni Sign $3 Billion FPSO Deal Offshore Angola
Angola >>  8/20/2014 - Eni Angola S.p.A. (eni Angola) has signed a contract with the consortium of Bumi Armada Offshore Holdings Limited (BAOHL, a wholly-owned subsidiary of...



Related Categories: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 

Related Articles: Diving Contractors  Dredging  FPSO Vessels and Equipment  General  Marine Services  Mooring Systems  Offshore Platforms  Subsea Production 


Tunisia Oil & Gas 1 >>  2 | 3 | 4 | 5 |

More News

Oil & Gas Projects in Tunisia >>

Oil & Gas Companies in Tunisia >>

Related Links

Countries Quick Links

AO BJ CD CG CI CM DZ EG ET GA GH GN GQ KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO TD TN TZ UG ZA ZM
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us