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Mubarek wells produced over 31,000 barrels in October and November

Posted: 07 January 2008
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More than 31,000 barrels of oil were produced from two Mubarek Wells in October and November, independent E&P company Sky Petroleum has reported.

Mubarek production from H2 and K2 ST4 wells produced approximately 500 barrels of oil per day for October and November, the company said.

According to the company update, October is the first complete month of production from the K2-ST4 well and it continues to be observed in order to optimize production.

During the month of October Mubarek production from the H2 and K2-ST4 wells was 18,576 barrels of oil and during the month of November it produced 12,986 barrels of oil.

Sky Petroleum’s primary focus is to seek opportunities where discoveries can be appraised rapidly, and developments can be advanced either by accessing existing infrastructure, or by applying the extensive experience of established joint-venture partners, the statement said.

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