Hurricane Energy plc announced November production of 9,900 bopd from the P6 well alone at the Lancaster field, West of Shetland.
LANCASTER 205/21a-4z
The company also successfully completed the plugging and final abandonment (P&A) of the Lancaster 205/21a-4z well for a cost of $1 million.
A total of $2.2m of decommissioning security (previously classified as restricted cash) has been released back to the company and used in part to fund the P&A.
As of 30 November 2021, Hurricane had net free cash of $127m compared with $99m as of 31 October 2021.
| P6 | P7z(1) | |
| Oil produced during the month (Mbbls) | 304 | – |
| Average oil rate (bopd) | 10,124 | – |
| Water produced during the month (Mbbls) | 177 | – |
| Average water cut(2) | 37% | – |
| Well gauge pressure (psia)(3) | 1,610 | – |
CARGO LIFT
The 26th cargo of Lancaster oil of approximately 535 Mbbls was lifted on 30 November 2021.
The next cargo is anticipated to be lifted in January 2022.