OPERATIONS

Oilex hires big guns

Oilex hires Schlumberger and Baker Hughes for unconventional work program in India.

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Schlumberger and Baker Hughes, both global leaders in the stimulation of tight gas reservoirs, will advise Oilex on the optimal well and stimulation design needed to achieve potential commercial flow rates.
 
Oilex has as a significant multi TCF gas resource at the Cambay PSC in the EP-IV tight siltstones that requires drilling optimisation and stimulation technologies to achieve commercial flow rates. 
 
Schlumberger has been appointed to provide geomechanical, fluid sensitivity and proppant embedment testing on the Cambay-23z core along with their recommendations on future technical work. 
 
The data from these tests will be used to carry out the geomechanical modelling required for optimisation studies. 
 
Baker Hughes has been appointed to provide detailed geomechanical modelling to assess and recommend optimised drilling and stimulation solutions to maximise production from the EP-IV reservoir. 
 
Baker Hughes will also provide specific recommendations on fluid chemistry and proppant optimisation required for the stimulation of any future wells. 
 
Oilex announced on Friday that the studies have already started and are due to take about three months, as the analysis of the core from Cambay-23Z is essential in the planning of both future wells and the stimulation processat the Cambay PSC. 
 
Managing director Joe Salomon said Oilex was fortunate to be working with world class tight gas experts, Schlumberger and Baker Hughes, whose assistance is important to unlocking the commercial success of the large gas resource at Cambay. 
 
Oilex's work on Cambay had previously been stalled due to a lack of funds and a derelict partner in Gujarat State petroleum, but is now planning to complete two workovers across the shallower OS-II conventional reservoir and wants to re-establish gas flow from the historically productive zone.
 
Last month the Australia and UK-listed juniopr undertook a two-tranche placement to raise £1.1 million (A$1.78 million) to help unlock Cambay's gas potential.

 

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