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Tuesday, 07 October, 2008, 15:10 GMT | more prices >>

Oilex takes stock at Ghadaq-1



By Upstream staff 

Photo by Chris Hopson


Perth-based explorer Oilex said it was preparing to run wireline logs after the Ghadaq-1 well on Oman’s Block 56 had been drilled to a measured depth of 1421 metres.

Oilex said oil shows were seen in the cuttings together with higher gas readings below 1053 metres.

It said it would consid running casing before drilling into the target Huqf formation if an extensive overlying fracture system similar to that found in the Sarha-1 well was found.

Oilex operates the Block 56 production sharing agreement with a 25% interest on behalf of its partners Videocon Industries on 25%, India’s GAIL with 25%, Hindustan Petroleum on 12.5% and Bharat Petroleum holding the remaining 12.5%.


Tuesday, 01 April, 2008, 04:28 GMT  | last updated: Tuesday, 01 April, 2008, 04:28 GMT

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