APA announced Successful Flow Test at Sapakara South Folks..... We are surrounded by Black Oil. 325-375 million Barrels at Sapakara South.
A restricted flow test averaged 4,800 barrels oil per day (bopd) for 48 hours. Without flow restrictions, a development well would produce at a significantly higher sustained rate. Preliminary analysis of the data indicates the following:
- A single reservoir in SPS-1 proved connected resource of 325 to 375 million barrels of oil in place
- Exceptional reservoir quality with permeability in the range of 1.4 Darcies
- Black oil with a 34-degree API and flowing gas-to-oil ratio (GOR) of approximately 1100 standard cubic feet per barrel (scf/bbl)
Seismic imaging of this Sapakara reservoir supports substantially more potential resource, which could be proven through additional appraisal drilling.
“We are very pleased with the flow test results. The data we’ve collected confirms an excellent quality black oil reservoir, which we believe will serve as a foundation for a development project in Suriname,” said John J. Christmann IV, APA’s CEO and president. “The high permeability of the oil-bearing sand and its thick and consistent quality indicate strong well deliverability and, importantly, high recovery factors.”
https://stockhouse.com/news/press-releases/2021/11/16/apa-corporation-announces-successful-flow-test-at-sapakara-south-and-sub