Empyrean has announced the completion of the well design and engineering work by AGR for the potentially transformational Jade prospect exploration well in Block 29/11, offshore China. The four-string design provides for a more robust well design with reduced exposure to potential unplanned events and associated costs. Jade will be the first well to be drilled in Block 29/11, targeting 225mmbbls (mean) of oil in place adjacent to a billion barrel oilfield. As previously stated, (and excluding th ....
06 May 2021
Cenkos: Empyrean Energy Plc -- Jade Well Planning
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Cenkos: Empyrean Energy Plc -- Jade Well Planning
Empyrean Energy PLC (EME:LON) | 0.5 0 (-15.7%) | Mkt Cap: 5.83m
- Published:
06 May 2021 -
Author:
James McCormack -
Pages:
7
Empyrean has announced the completion of the well design and engineering work by AGR for the potentially transformational Jade prospect exploration well in Block 29/11, offshore China. The four-string design provides for a more robust well design with reduced exposure to potential unplanned events and associated costs. Jade will be the first well to be drilled in Block 29/11, targeting 225mmbbls (mean) of oil in place adjacent to a billion barrel oilfield. As previously stated, (and excluding th ....