Renaissance Oil increases production capacity at Amatitlán

- November 14th, 2017

Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) is pleased to announce, in conjunction with its partner, Lukoil, the Company has completed the fourth workover at the Amatitlán block in Veracruz, Mexico. As quoted in the press release: Completed operations are as follows: Performed an organic solvent clean out of existing well perforations and a … Continued

Renaissance Oil Corp. (“Renaissance” or the “Company”) (TSX-V: ROE) is pleased to announce, in conjunction with its partner, Lukoil, the Company has completed the fourth workover at the Amatitlán block in Veracruz, Mexico.
As quoted in the press release:

Completed operations are as follows:

  • Performed an organic solvent clean out of existing well perforations and a high stimulation recompletion of a lower Chicontepecinterval;

  • The well initially flowed back over 750 bbls/d of stimulation fluid and crude oil (up to 40% oil cut), and 0.5 MMcf/d gas at 1,100 psi wellhead pressures;

  • The well was flow tested for several days recovering over 1,000 bbls of stimulation fluid as well as light oil and gas in varying volumes and rates, with the most recent production observed at approximately 60 bbls/d of light oil;

Click here for the full text release

Learn to invest in the oil & gas industry

 
See our report for valuable information
 

Get the latest Gas Investing stock information

Get the latest information about companies associated with Gas Investing Delivered directly to your inbox.

Gas Investing

Select All
Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time

Leave a Reply

Your email address will not be published. Required fields are marked *