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Maha Energy has announced the spud of the Tie-5 Agua Grande horizontal well on the Tie field in Brazil. The well will drain the northern part of the Tie field at the Agua Grande level.
Maha Energy AB (publ) ("Maha" or the "Company") is pleased to announce the spud of the Tie-5 Agua Grande (AG) horizontal well in Brazil. The Tie-5 well was spudded on time as per planned schedule at 0900
Investegate announcements from Maha Energy AB, Maha Energy announce spud of Tie-5
Brazil: Maha Energy announces strong Tie-2 flow rates 19 Dec 2020 Maha Energy has announced that the recently completed Tie-2 well is free flowing oil and gas at a rate of 1,825 BOPD and 1,083 MSCFPD (2,005 BOEPD) on a 1-1/2” choke with a stable tubing-head flowing pressure. A follow up well west of Tie 2, Tie-3, was spudded on 18th December and is expected to take about 60 days to drill and complete. The completion issues with the GTE-4 well have been rectified and the well is now being cleaned up and flowing oil and gas to the Tie Production Facilities. Jonas Lindvall, CEO of Maha Ene...