British Gulfsands Petroleum boosts output of its Syria Khurbet Well
May 29, 2009
- It’s completed drilling another well at the location which is expected to increase the production from 100,800 barrels of oil per day to 18,000 BOPD. Not grand, but then if oil prices remains at 50 $ per-barrels it’s not bad either.
- It’d completed 3D seismic scans of 850 Sq. KM. The data still need to be processed before commercial viability becomes clear. Fingers crossed.
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