Jubilant Energy, an India focused oil and gas company, has successfully tested and put on production KPL-B, the last well of the seven well Phase-III development drilling campaign in the oil producing Kharsang Field, Arunachal Pradesh, at an initial gross rate of 226 barrels of oil per day (bopd).
In addition, another interval between 1,529 meters to 1,532 meters has also been tested and produced gas with flowing tubing head pressure at 425 pounds per square inch through a 7mm choke.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Trump delays Liberation Day 2.0, but threatens new tariffsDonald Trump has extended his 90-day tariff pause but has sent letters to 14 countries detailing the tariffs they will face from 1 August, as well as threatening new levies on copper and pharmaceuticals
-
Why is the copper price rising?Fears of an upcoming 50% copper tariff have caused a spike in copper prices in the US, though the red metal’s price is falling elsewhere
