Angus Energy plc estimated revenues of £7.2 million for last year’s final quarter from Saltfleetby gas field, East Lincolnshire.
PERMANENT FLOWLINE
Gas volumes produced and sold equalled 7.35 mm therms in aggregate for October to December 2023, a slight decline compared with Q3 of 7.9 mm therms.
Q4 operational efficiency was 87% (Q3: 90%) with gas condensate (liquid) production averaged 130 bbl/day.
The period included a planned shutdown for six days during October for maintenance and remedial work on one of the two compressor engines on the site.
Construction of the B07T permanent flowline completed during the quarter with commissioning of the new flowline completing on the 3 November.
B07T production losses totalled one day for completion of the tie-in work and for flowline commissioning activities.
A further planned intervention on one of the two compressor engines took place and completed during November, before dual compressor operations restarted.
During December, the company upgraded equipment hardware on one of the two compressor engines to improve engine reliability performance.
Work was also carried out across a small number of planned interventions prior to the festive period.
Q4 also saw well performance and well optimisation trials further to commissioning of the B07T permanent flowline, which the sub-surface and operations team continues.