Synergia Energy Ltd (the “Company” or “Synergia”) (formerly named Oilex Ltd) is pleased to announce the following update with respect to its Cambay India operations and the Medway Hub CCS project in the UK.
Cambay India – C77H workover
The liquid loading of the C-77H wellbore was confirmed by an echometer survey prior to the arrival of the workover rig on September 16th. The workover rig was immediately rigged up and to date the temporary frac tree has been replaced with the production “Christmas” tree. The production tubing will be re-installed over the next 24 hours prior to resumption of production. Nitrogen lift equipment has been placed on standby in anticipation of lifting the fluids in the wellbore with nitrogen.
The Company has submitted applications under the North Sea Transition Authority’s (“NSTA”) 1st carbon storage licensing round. Synergia has made two separate license applications covering depleted gas fields in the UKCS, which if successful will provide c.100 MT of CO2 storage capacity to complement the Company’s Medway Hub CCS project. Development of the project would be subject to the Company securing the necessary funding.
For and on behalf of Synergia Energy Ltd
For further information, please contact:
Synergia Energy Ltd
Email: [email protected]
Tel: +61 8 9485 3200
If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates.
Terms of Website Use
All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned