717bopd for Bass in May

BASS Oil reports that total field production at Tangai-Sukananti in Indonesia for the month was 22,249 barrels of oil, of which the joint venture share to the company was 12,237 barrels.
717bopd for Bass in May 717bopd for Bass in May 717bopd for Bass in May 717bopd for Bass in May 717bopd for Bass in May

Staff Reporter

May oil sales totalled 21,719 barrels (11,945 barrels net to Bass) and monthly oil production and sales were up over April, with May production rates averaging 717 barrels per day.
 
"The oil price was steady during May. The average monthly realised oil price was $67.78 compared with a monthly average oil price of $67.39 per barrel recorded in April. The fields continue to generate positive cash contributions to the business with field operating costs below $25 per barrel.
 
"This was a pleasing result considering that the Bunian 1, Tangai 1 and Tangai 3 wells shut in due to downhole pump failures. A well service rig has mobilised to site to carry out the Bunian 1 and Tangai 1 pump repairs.
 
"The team in Indonesia is currently sourcing a workover rig to perform the remaining well work including the Bunian 4 workover and the Tangai 4 conversion to water injector. This work will start as soon as possible," Bass said.

 

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