Block Energy plc has restarted production from WR-38Z and WR-16aZ wells at West Rustavi oil field in Georgia.
TIE BACK
Oil and gas flowed through its new in-field flowline to its early production facility (EPF) in the West Rustavi field at the WR-16aZ wellsite.
Gas is separated in the EPF from the crude oil before entering the gas sales pipeline owned by Bago LLC.
Bago has conducted final testing of its facilities using gas provided by Block and is completing the final steps to tie back into the main gas pipeline, which is owned by the Georgia Oil and Gas Corporation.
Gas sales are expected to begin within a day of the tie back’s completion.
Chief executive Paul Haywood said that the expected revenue from the company’s oil and gas production would be further strengthened by higher oil prices.
“Production from the wells remains stable and consistent with the production rates achieved before they were shut-in in April 2020.
“We continue to make regular sales of our crude oil inventory to local buyers.”
The company has a 100% working interest in West Rustavi, 100% and 90% working interests respectively in the oil producing Norio and Satskhenisi fields.