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Alvopetro Commences Production from 197(1) Well
Alvopetro Commences Production from 197(1) Well Canada NewsWire CALGARY, AB...
About this update from Alvopetro Energy Ltd.
[{"type":"text","content":"\n \n \n \n Alvopetro Commences Production from 197(1) Well\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: BOTTOM; BORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; BORDER-BOTTOM:black 0pt; BORDER-LEFT:black 0pt\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnml40{\nMARGIN-LEFT:3.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n CALGARY, AB\n \n \n ,\n \n \n May 29, 2023\n \n \n /CNW/ - Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces production commencement from our 197(1) well on our Murucututu natural gas field and an operational update.\n \n \n \n 197(1) Production Commencement (100% Alvopetro)\n \n \n \n Earlier this month, we completed stimulation operations at our 197(1) well on our Murucututu natural gas field. We successfully stimulated four intervals in the well, injecting a total of 125 tonnes of sand into the formation. Following the stimulation, we completed a 63-hour clean-up flow period and recovered 1,156 bbls of frac fluid and flowed a total of 3.8 MMcf of natural gas. Following the clean-up flow period and confirmation of natural gas composition, we initiated natural gas sales through the Murucututu extension pipeline through to our Caburé natural gas plant (\"UPGN\"). The well is now flowing at a restricted rate of 1.3 MMcfpd through a 20/64 inch choke at a flowing well-head pressure of 873 psi with 24 bpd of 53 degree API natural gas liquids (condensate) and 57 bpd of frac fluid. We have now delivered natural gas sales to the UPGN for a total of 30 hours, averaging 1.3 MMcfpd (220 boepd) and we plan to continue to flow the well at this rate.\n \n \n President & CEO,\n \n Corey C. Ruttan\n \n commented:\n \n \n \n \"The completion and stimulation of our 197(1) well represents a major milestone for our Murucututu natural gas field development and we are looking forward to drilling our first two fit-for-purpose Murucututu development wells in the secon...