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CGX Energy Inc V.OYL

Alternate Symbol(s):  CGXEF

CGX Energy Inc. is a Canada-based oil and gas exploration company. The Company is focused on the exploration of oil in the Guyana-Suriname Basin and the development of a deep-water port in the Berbice, Guyana. The Company holds interests in three petrol prospecting licenses, such as Corentyne, Berbice, and Demerara Blocks in the Guyana Basin. The Company has drilled two operated exploration wells on its offshore Corentyne Block and drilled three more exploration wells on its onshore Berbice Block. In addition, it has acquired and processed over 7,000 square kilometers of three-dimensional (3D) seismic data on its offshore licenses. The Company through its wholly owned subsidiary, Grand Canal Industrial Estates Inc. The Company is engaged in the development of the Berbice Deep Water Port in Region 6, Guyana. Its other subsidiaries include CGX Resources Inc., ON Energy Inc., and others.


TSXV:OYL - Post by User

Bullboard Posts
Post by OIL_RUNon Jul 20, 2012 9:31am
429 Views
Post# 20134684

Jaguar-1: Estimated Temps / Press.

Jaguar-1: Estimated Temps / Press.

Was doing a little research last night and found that Respol has expected temperatures on Jaguar to be around 400°F; pressures to be in the range of 17,000psi.  See Repsol youtube video - https://www.youtube.com/watch?v=1rr1UaaaMvo - start at the 9:39 mark...

 

According to slide 6 of the February 2012 presentation from Total (https://aftp.ecritel.net/_upload/ressources/textes_conferences/technologie_forage_puits_hpht_080212.pdf) - this would put Jaguar below the 'Extreme' and 'Ultra' range. 

 

It would be interesting to see if the actual pressures / temperatures seen on Jaguar were in line (or came in larger) with this previous guidance from Repsol. 

 

Should get a little more insight when Repsol and Tullow give presentations next week....  Also, PRE JV for Corentyne is due this month....i think...

Bullboard Posts