Press

Empyrean Energy Commences Natural Gas Sales at Dempsey in the Sacramento Basin, California

Posted by OilVoice Press - OilVoice

18-Jul-2018


NATURAL GAS SALES COMMENCE AT DEMPSEY 

  • Selling natural gas from Dempsey well at flow rate of ~1,300 mcf per day
  • Pipeline quality gas from all Dempsey production zones

Empyrean Energy (EME: AIM), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce that it has been informed by Sacgasco Limited (ASX: SGC) (“Sacgasco”), the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that the Dempsey 1-15 well is flowing natural gas to sales pipelines at a combined rate of 1,300 mcf per day. Dempsey 1-15 is producing gas from Ranch Capay Field Level Kione Sandstone and the combined older Zones 2, 3 and 4.

Gas from all four producing zones has been assessed to be of pipeline quality. 

Sacgasco has set the Dempsey well up for production to enable reservoir assessment as the basis for further development activities from the various production levels.  This information will be integrated with geology and seismic to evaluate more production options, including reservoir production enhancement through fracture stimulation, and alternative deviated well configurations.

Sacgasco is also advancing with the connection of a number of other idle wells into the sales gas system in the Dempsey area that are hoped to add to production and cash flow.

Empyrean CEO Tom Kelly commented, “We are pleased that quality natural gas is now being sold from Dempsey, bringing cash flow for the JV partners in the Dempsey Gas Project. The expectation is that the connection of other wells in the area will add to this production and cash flow. This is a really positive development for the Dempsey JV partners and we can now look forward to using the production data to help with development opportunities for our discovered gas zones. We also look forward to providing an update on the Alvares appraisal as planning progresses.”

Empyrean Energynatural gasgasUnited StatesSacramento BasinUSCaliforniaVeristar AIMsDDempsey Gas WellDempsey Well

More items from oilvoice


Equinor Deepens in Offshore Wind in Poland

Equinor has exercised an option to acquire a 50 % interest in the offshore wind development project Bałtyk I in Poland from Polenergia. This transaction is a follow-up of the agreement between the two companies which came into force in May 2018 , by which Equinor acquired a 50 % inter ...

OilVoice Press - OilVoice


Posted 2 months agoPress > EquinorEquinor EnergyPoland +2

Nigeria has highest capex on crude and natural gas projects in sub-Saharan Africa Over Next Seven Years, says GlobalData

Nigeria accounts for more than 34% of the proposed capital expenditure (capex) on planned and announced crude and natural gas projects in the sub-Saharan Africa over the period 2018–2025, according to GlobalData , a leading data and analytics company. The company's report: ‘H2 2018 Production ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > GlobalDataNigeriaCrude +5

CNOOC Signs Strategic Cooperation Agreements with 9 International Oil Companies

HONG KONG, Dec. 18, 2018 /PRNewswire/ -- CNOOC Limited (the "Company", SEHK: 00883, NYSE: CEO, TSX: CNU) announced today that its parent company, China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, Conoco ...

OilVoice Press - OilVoice


Posted 2 months agoPress > CNOOCChina National Offshore Oil CorporationChevron +11

Total Announces the Distribution of its Second 2018 Interim Dividend

The Board of Directors met on December 12, 2018 and declared  the distribution of a second interim dividend for the 2018 fiscal year of €0.64 per share, in accordance with the Board's decision of July 25, 2018, an amount equal to the first 2018 interim dividend and an increase of 3.2% compared to t ...

OilVoice Press - OilVoice


Posted 2 months agoPress > TotalDividend

Methyl Tertiary Butyl Ether Capacity Will Grow at a CAGR of 16.8% in India Over Next Four Years, says GlobalData

India's Methyl Tertiary Butyl Ether (MTBE) plant capacity is forecasted to grow at a compound annual growth rate (CAGR) of 16.8% from 0.211 million tons per annum (mtpa) in 2017 to 0.460 mtpa in 2022, according to GlobalData , a leading data and analytics company. The company's report: ‘ Met ...

OilVoice Press - OilVoice


Posted 2 months agoOpinion > GlobalDataIndiaMTBE
All posts from oilvoice