Oryx Petroleum budgeted capital expenditures for 2020 are $106 million:
- $63 million dedicated to the Hawler license area: 7 wells are planned including two horizontal wells targeting the Demir Dagh Cretaceous reservoir, one sidetrack of an existing well targeting the Zey Gawra Cretaceous reservoir, the completion of the previously suspended Ain Al Safra-2 well targeting the Triassic reservoir, two wells targeting the Banan Cretaceous reservoir, one well targeting the Banan Tertiary reservoir and one sidetrack of an existing well targeting the Zey Gawra Tertiary reservoir; processing facilities and a pipeline connecting the Banan field to the Hawler production facilities at the Demir Dagh field; storage tanks at the Hawler production facilities and pads, flowlines and infrastructure modifications needed to accommodate incremental drilling and production and to reduce operating costs
- $43 million dedicated to the AGC Central license area including studies, preparations for exploration drilling and the drilling of one exploration well
Link to Oryx Petroleum Republic of the Congo country profile