18 Dec 2023
Trinity Exploration and Production - Jacobin Flows Oil, But More Work Required
Trinity has provided an update on the operations at its Jacobin oil discovery. Following perforation of the Lower Cruse 1 zones at the end of November, and after overcoming some operational challenges, the well has flowed at an unstable rate of between 80-160bpd of fluids and an unquantified rate of gas. The oil is of good quality with an API of 31.7 degrees. In recent days the flow rate from the well has begun to decline and given the presence of gas and water was not anticipated, Trinity is em ....
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Trinity Exploration and Production - Jacobin Flows Oil, But More Work Required
Trinity Exploration & Production Plc (TRIN:LON) | 36.0 -1.1 (-7.7%) | Mkt Cap: 14.0m
- Published:
18 Dec 2023 -
Author:
James McCormack -
Pages:
5
Trinity has provided an update on the operations at its Jacobin oil discovery. Following perforation of the Lower Cruse 1 zones at the end of November, and after overcoming some operational challenges, the well has flowed at an unstable rate of between 80-160bpd of fluids and an unquantified rate of gas. The oil is of good quality with an API of 31.7 degrees. In recent days the flow rate from the well has begun to decline and given the presence of gas and water was not anticipated, Trinity is em ....