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Tuesday, May 2, 2023
Serinus Energy has announced that the CTF-004 rig has completed rig-up and commenced workover operations on the Sabria N-2 well in Tunisia. This operation will recomplete the N-2 well and remove any wellbore restrictions.
This well was drilled in 1980 but was not able to flow oil to surface due to damage during completion. The N-2 is in close proximity to current Sabria producing wells, in particular the prolific WIN-12bis well. The workover and recompletion is expected to take approx. 30-40 days. Company engineering analysis estimates that a successful workover and recompletion will initially increase gross production from the Sabria field by approx. 420 boe/d.
Upon the recompletion of the N-2 well, the rig will be released.
Sabria is a large, conventional oilfield which the Company’s independent reservoir engineers have estimated to have approx. 445 million barrels of oil equivalent hydrocarbons originally-in-place, of which only 1.6 % has been produced to date.
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