Caspian Sunrise announced that shallow Well 153 has commenced production at a rate of approximately 200 b/d of oil. The company also indicated that the shallow Well 150 which was recently brought on production continues to produce at rates in excess of 500 b/d of oil. Total production is now approximately 1,700 b/d, with total production capacity now in excess of 2,000 b/d of oil, substantially all from the shallow MJF structure.
27 Apr 2020
WHI First Light: Caspian Sunrise (CASP)
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WHI First Light: Caspian Sunrise (CASP)
Caspian Sunrise PLC (CASP:LON) | 3.0 0 0.0% | Mkt Cap: 66.4m
- Published:
27 Apr 2020 -
Author:
Brendan Long -
Pages:
4
Caspian Sunrise announced that shallow Well 153 has commenced production at a rate of approximately 200 b/d of oil. The company also indicated that the shallow Well 150 which was recently brought on production continues to produce at rates in excess of 500 b/d of oil. Total production is now approximately 1,700 b/d, with total production capacity now in excess of 2,000 b/d of oil, substantially all from the shallow MJF structure.