Equipment & Logistics News Oil & Gas

Wressle-1 resumes production with down-hole jet pump

Posted on Author editorial Comments Off on Wressle-1 resumes production with down-hole jet pump

The Wressle-1 well has been brought back into production at the joint venture within PEDL180/192 oil field in Lincolnshire.

Rates: the well is on continuous 24-hour production and expected to clean up over the coming days (Union Jack Oil – Wressle)

SALES

Project partners comprise operator Egdon Energy plc (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%).

Union Jack and Europa said that the down-hole jet pump, installed in October, and associated surface equipment was operating.

Since production resumed, W1 has produced at gross rates of more than 950 bbls of oil per day compared with approximately 750 bopd prior to the jet pump.

The well is on continuous 24-hour production and expected to clean up over the coming days, while export and sale of oil have also restarted.

“We are pleased that the oil production has resumed at Wressle and that the W1 well is once more producing at impressive rates,” added Europa chief executive Will Holland. 

Related Articles
Metals & Minerals News

Cornish Lithium extends exploration rights with Cornish Metals

Posted on Author editorial

Cornish Metals Inc said that Cornish Lithium Ltd had extended its option for a further 12 months to explore the company’s mineral rights for minerals-in-brine in Cornwall. TERMS In January 2017, the Canadian company granted Cornish Lithium an option to explore for minerals in brine and geothermal waters on its mineral rights in the county. […]
Finance News Oil & Gas

Rockhopper raises £5.75m via placing and subscription

Posted on Author editorial

Rockhopper Exploration plc has raised US$7 million (£5.75m) through a placing and subscription. DISCOUNT The company placed 82,182,776 units each at the issue price of 7 pence, which is a 12.5% discount to the closing price on 14 June 2022. Each unit comprises one new ordinary share and, for every two new ordinary shares subscribed for, […]
Company Moves News Oil & Gas

Capricorn to nominate Patrice Merrin as NED

Posted on Author editorial

Capricorn Energy plc intends to nominate Patrice E. Merrin as an independent non-executive director (NED) for election at the company’s general meeting on 26 June 2023. Ms Merrin has significant experience across the energy, resources and commodity sectors. She is due to retire at the end of May after nine years as independent NED from Glencore […]