NG Energy International reports successful production at its Aruchara-6 well, hitting 8.7 MMcf/d gross during initial flow tests at the Maria Conchita field.
NG Energy International Corp has successfully brought the Aruchara-6 well online, integrating it into the Central Processing Facility (CPF) at the Maria Conchita field. The achievement of production rates reaching 8.7 MMcf/d gross demonstrates operational success that is expected to bolster the company's overall production capacity and improve cash flow generation.
The well has produced at rates of up to 8.7 MMcf/d gross during initial flow tests.
The well is located at the Maria Conchita field and is tied into the Central Processing Facility (CPF).
NG Energy International Corp. (GASX) successfully completed and tied in its Aruchara-6 well at the Maria Conchita field. The asset is currently producing at rates reaching 8.7 MMcf/d gross, signaling a significant boost to the company's near-term production capacity and cash flow potential.
The successful tie-in and flow testing of Aruchara-6 at 8.7 MMcf/d gross provides NG Energy with immediate production growth and improved cash flow from the Maria Conchita field.