Month: July 2009

When a discovery is made, it becomes necessary to decide on the optimal number of wells to be drilled to befit development costs and consumption needs of the market. On average each natural gas well can flow at a rate of about between 75 MMscfD to even up to 150 mmscfd

Area in south-eastern Africa, or southern Egypt along the Nile. This sandstone complex ranging from Cambrian to Upper Cretaceous in age is a strata of major hydrogeological interest.

Novation document is a document that updates an existing legal document, so that a JOA or a GSA would be novated. For instance, a Novation agreement would make the farmee a party to the operating agreement and amends the participating interests of the parties