Transglobe opens new oil well in Yemen
Transglobe recently announced the opening of a new oil well in the Republic of Yemen. The Tasour 6 well began production on Monday, December 10, with an initial pumping rate of 4,500 barrels per day (Bopd), thereby increasing the Tasour total field rate to approximately 11,600 Bopd, stated a company press release. The development well has been equipped and tied into the Tasour central production facility.
The drilling rig is currently being moved to an exploratory prospect at Asswairy 1 on the northwestern portion of the block. The Asswairy 1 test is targeting a pool with a potential recovery of 20 million barrels. It is expected that drilling will commence by mid-December. The Asswairy prospect is on trend with the non-owned discovery at Sharyoof on the adjacent Block 53.
Transglobe Energy Corporation is an international oil exploration and production company with its corporate office in Calgary, Alberta, Canada. TransGlobe, through its wholly owned subsidiary, TG Holdings Yemen Inc., holds a working interest in two Production Sharing Agreements in the Republic of Yemen where it has participated in new oil discoveries.
The first of these discoveries, the Tasour field, was brought into production during 2000. TransGlobe also has producing properties in Alberta and British Columbia, Canada. — (menareport.com)
© 2001 Mena Report (www.menareport.com)