Falcon has announced the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H well. Results of the IP30 test are expected by the end of February 2024. Falcon estimates that a IP30 rate of 1.5MMscf/d over the 500m horizontal section (3.0MMscf/d normalised over 1,000m) or greater will allow the JV to progress the sanctioning of the proposed 40MMscf/d pilot project at Shenandoah South during H1/24.
29 Jan 2024
Falcon Oil & Gas - Commencement of IP30 Testing
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Falcon Oil & Gas - Commencement of IP30 Testing
Falcon Oil & Gas Ltd. (FOG:LON) | 5.9 0 0.0% | Mkt Cap: 65.4m
- Published:
29 Jan 2024 -
Author:
James McCormack -
Pages:
5
Falcon has announced the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H well. Results of the IP30 test are expected by the end of February 2024. Falcon estimates that a IP30 rate of 1.5MMscf/d over the 500m horizontal section (3.0MMscf/d normalised over 1,000m) or greater will allow the JV to progress the sanctioning of the proposed 40MMscf/d pilot project at Shenandoah South during H1/24.