Trinity has spudded the onshore deep “Jacobin” well, targeting a regionally extensive and lightly drilled deeper play underneath Trinity's existing producing horizons. The well has the potential to access larger, virgin-pressured reservoirs with higher initial production rates than conventional wells, leading to improved economic returns and cash return multiple compared to a shallow angle well. The well will target a material mean oil-in-place of 5.7mmbbls and an upside (P10) case of over 10mmb ....
16 May 2023
Cenkos: Trinity Exploration & Production Plc -- Jacobin Well Spud
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Cenkos: Trinity Exploration & Production Plc -- Jacobin Well Spud
Trinity Exploration & Production Plc (TRIN:LON) | 40.0 0 0.0% | Mkt Cap: 15.5m
- Published:
16 May 2023 -
Author:
James McCormack -
Pages:
5
Trinity has spudded the onshore deep “Jacobin” well, targeting a regionally extensive and lightly drilled deeper play underneath Trinity's existing producing horizons. The well has the potential to access larger, virgin-pressured reservoirs with higher initial production rates than conventional wells, leading to improved economic returns and cash return multiple compared to a shallow angle well. The well will target a material mean oil-in-place of 5.7mmbbls and an upside (P10) case of over 10mmb ....