News Oil & Gas

Parkmead increases Dutch gas production and reserves

The Parkmead Group reported consistent average production rates from the LDS-01 discovery well on the Drenthe VI joint venture licence since coming on stream. OPTIMISATION The licence, in the Diever West field containing the Lheebroek prospect, is in the north of the Netherlands. The company said that LDS-01 had average rates close to 5,000 boepd […]

News Oil & Gas

Parkmead reports better than expected LDS-01 flow rates

The Parkmead Group (PMG) reported better than expected gas condensate flow rates from the LDS-01 well on the joint venture Drenthe VI licence in the Netherlands. LDS-01 WELL The company has six Netherlands licences with a number of low-risk exploration prospects. The LDS exploration project, within the Drenthe VI licence (7.5%), involves drilling two to […]

News Oil & Gas

Parkmead discovers gas columns at Drenthe VI

The Parkmead Group plc has encountered gas columns in the primary target horizons on completion of drilling at the onshore LDS-01 well in the Netherlands. DRENTHE VI LDS-01 is the first of a two-well campaign on the Drenthe VI concession targeting several onshore gas prospects. Parkmead said that the well, drilled to a depth of […]