DRILLING

Oilex sitting on more Indian oil

OILEX has said the preliminary interpretation of data from seismic and wireline logs indicates the producing Basal EP IV Sand in the Cambay-19Z well in Gujarat, India, may extend across the Western High Block.

The Indian explorer said the zone, which flowed oil at a stabilised rate of 120 barrels per day, is present in at least three older wells in the block. These wells were either not tested or were poorly...

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