Patardzeuli – Samgori Oil
A platform for sustainable growth
Project II is focused on unlocking the significant remaining value of the Middle Eocene reservoir within the Patardzueli – Samgori field. Having produced approximately 180 MMbbl historically, the field still contains an internal estimate of 235 MMbbl of gross 2C contingent resources, presenting a compelling redevelopment opportunity.
Patardzeuli – Samgori’s large legacy well stock offers rich opportunities for drilling low-cost infill side-track wells to access the field’s Contingent Resource. Appraisal drilling and reservoir mapping has highlighted targets for future development.
Highlights
The Patardzeuli-Samgori field offers significant upside through low-cost infill and side-track drilling opportunities supported by its extensive legacy well stock.
235 MMbbl
Gross 2C contingent resource
180 MMbbl
Historic oil production
100%
Working Interest
Redevelopment
Next phase of value creation
| Our assets |
|---|
| 1C Gross Contingent Resource (MMbbl) | 105.1 |
| 2C Gross Contingent Resource (MMbbl) | 235.0 |
| 3C Gross Contingent Resource (MMbbl) | 235.0 |
Patardzueli Middle Eocene Contingent Resources, Block Energy Internal Contingent Resource Report, 2022
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