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Mosaic Oil provides operations update


Published Oct 15, 2008
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Mosaic Oil NL spuds Brynog-1 (ATP 471P Bainbilla Block)-Spotlight

Mosaic Oil is currently monitoring the well production performance at Taylor-19 (PL 16 – MOS 100%) with a view to increase the production flow rate.

Taylor-19 has been on production since 8 October 2008. The well is currently producing at a stabilised controlled rate of approximately 2.2 MMscfd (2.4 TJ/d) of gas with flowing wellhead pressure of approximately 1300 psi against pipeline pressure of 200 psi.

At Waggamba-5H (MOS 50% Gas & 65% Free Oil/Condensate), the remedial completion and testing operations have re-commenced today. Information on the initial clean-up flow operation will be released to the market when available.

Mosaic Oil expects to commence the completion and testing operations at Freneau-1 in late October/early November 2008.

Downhole completion equipment for multiple zone completion operations is currently being sourced from overseas.

Tags: Mosaic Oil



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