Interoil Exploration & Production ASA: Argentina operational up-date
May 10 2021 - 2:48AM
Interoil Exploration & Production ASA: Argentina operational
up-date
Oslo, 10
Mai 2021
Interoil is pleased to announce that Velitec’s
Work Over rig has been mobilized, fully rigged-up, certified and
has started operation in the MMO-15 well in the Mata Magallanes
Oeste (MMO) field in Argentina.
The work-over program in this well is forecast
to last 19 days which includes retrieving existing production
string, run through casing wireline logs (validate behind casing
oil and gas layers), open new hydrocarbon layers and test each of
them independently to verify fluids quantities and flowing plus
shut-in pressures. Then, a new completion string will be installed
to leave the well in production.
Based on the latest analysis, Interoil is
expecting MMO-15 to flow oil and gas where, as described in several
recent announcements from the company, the produced gas will be
used to fuel MMO surface production equipment to be able to treat
oil volumes to be sold under commercial specs.
Leandro Carbone, CEO, commented: “We are
confident production from MMO-15 would boost MMO field production
and capitalized value for the benefits of the company.
Contact: ir@interoil.no
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Interoil Exploration and Production ASA is a Norwegian based
exploration and production company - listed on the Oslo Stock
Exchange - with focus on Latin-America. The Company is the operator
of several production and exploration assets in Colombia. Interoil
currently employs approximately 70 people and is headquartered in
Oslo.