Angus Energy plc reported gas production in excess of predicted volumes at Saltfleetby gas field, east Lincolnshire.
GAS VOLUMES
The company said its quarterly figures of gas volumes produced and sold equalled 5.6 million Therms in aggregate for October, November and December combined.
This equated to 1.87 million Therms per month, which Angus said was greater than both hedged volumes and predictions made in its competent person’s report of January 2020.
FLOW RATES
The company added that average daily flow rates were highest in November at 6.0 mmscfd and lower in December owing to both scheduled and cold weather-related shutdowns. The average for the quarter was 5.5 mmscfd.
“Peak daily flow rates from the two wells remained at around 6.4 mmscfd throughout the period.
“Pressure on the existing two wells A4 and B2 has converged at about 33 barg which is close to the stable flowing well head pressure before these two wells were shut in in 2017.
“Gas condensate (liquid) production averaged 120 bbl/day which is somewhat higher than expected whilst water production, entirely from A4 well, was lower than expected at an average of 20 bbl/day.”
Angus said that the second compressor was already on site together with its control computer and driver engine and was being tied into the main plant.
“It is expected that the second compressor will be in dynamic commissioning during the second half of January and therefore able to process a further 6.4 mmscfd of gas volumes raising the plant’s processing capacity to close to 12.8 mmscfd.”
SF-07 SIDE TRACK WELL
The company’s drilling operations on the final horizontal section of the SF-07 sidetrack well are scheduled to resume on 5 January.
Angus anticipates that the well will be in testing mode in the latter half of January.
If successful, the SF-07V well is expected to supply sufficient gas volumes to utilise most, if not all, of the additional process capacity, the company added.