Sign up Australia
Proactive Investors - Run By Investors For Investors

Range Resource updates on Perlak well programme

Up to ten existing wells could be reactivated in the current programme
oil and gas operations
The programme aims to add 200 bopd of production

Range Resources Ltd (LON:RRL) has updated investors on operations at the Perlak project in Indonesia, where it is advancing a programme of well workovers.

The first reactivated well, POG-D, is continuing testing as production rates are being optimised – as previously reported the well has flowed 145 barrels of high-quality light oil from one of the multiple production zones over intermittent pumping periods, over a total of 117 hours.

READ: Range kicks off well operations in Indonesia

POG-E, the second well, is presently being reopened with the field team presently working to remove a downhole obstruction.

Up to ten existing wells could be reopened and reactivated through the programme, which is expected to add some 200 barrels of oil per day to Perlak.

 

View full RRL profile View Profile

Range Resources Timeline

Related Articles

1532456979_Prairie_Provident_Resources_-_Rig_in_Wheat.png
July 25 2018
The company is focused in the Wheatland and Princess in Southern Alberta, where it is targeting the Lower Mannville formation
range resources well in trinidad
August 16 2018
Infrastructure upgrades at Range’s Beach Marcelle oil field are underway, while two new wells at the project are due to be drilled later this year
picture of Canada
September 29 2017
Hillcrest Petroleum Ltd eyes big footprint in Saskatchewan and Alberta

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use