Strata-X Upgrades Botswana CBM Project Resources
Australia and Canada-listed Strata-X Energy said May 14 it has upgraded the gas resources within its fully owned Serowe coalbed methane (CBM) project in Botswana's Kalahari Basin.
The company said that following the integration of regional data and data acquired in Strata-X’s latest 19B-1 well, MHA Petroleum Consultants have upgraded the total prospective resource certified net to the company to 6.08 trillion ft3, up 83% from the previous resource certification.
Included in this increase within the interpreted high-grade area, a prospective resource of 2.38 trillion ft3 was certified, an increase of 40% over the previous certification, the company added.
Strata-X said its focus on the high-grade area will be a major growth driver. “A four-well appraisal drilling and production testing programme within the high-grade area that steps out from the 19B-1 well location is being planned and tendered,” it said.
The proposed programme is designed to upgrade prospective resources to contingent resources – with subsequent upgrades of contingent resources to reserves contingent on proving commercial gas flow rates. The four-well appraisal programme will include the production testing of wells to acquire fluid flow rate data as required to design a multi-well CBM production pilot programme to prove commercial gas flow rates.
For the proposed production pilot programme, the company said it plans to apply proprietary completion and production methods designed to yield commercial gas flow rates.