Business
Operational Update
Operational Update.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n RNS Number : 7853P Regal Petroleum PLC 22 July 2010 \n \n\nRegal Petroleum plc\n(\"Regal\" or the \"Company\")\n \n22 July 2010\nOPERATIONAL UPDATE\n \n \nRegal, the AIM-listed oil and gas exploration and production group (symbol: RPT), provides an update on its operations at its Mekhediviska Golotvshinska (MEX-GOL) and Svyrydivske (SV) gas and condensate fields in Ukraine and its Barlad concession in Romania.\n \nUKRAINE\n \nOngoing drilling, well completion and field development activities continue to support the Company's production growth objectives.\n \nDrilling \n \nMEX-120\n \nThe MEX-120 well is drilling ahead in the 81/2 inch hole at a depth of 5,294m towards the final well TD planned at 5,370m, where the 7 inch liner will be run prior to perforation and completion operations in the B-sands. These operations are scheduled throughout August 2010, with production hook-up anticipated in September 2010.\n \nSV-69\n \nSV-69 has made good progress since its spud on 1 June 2010, and is drilling ahead in the 12 ¼ inch hole at a depth of 4,433m towards the section TD planned at 4,890m, where the 9 5/8 in casing will be set before entering the B-sands reservoir objective.\n \nWork-overs \n \nSV-66\n \nSV-66 has been undergoing an extended production test programme since being brought online to the production facility on 2 June 2010. The well has undergone a marked performance decline from the initial high rates to a current gas production rate of 75,000 m3/d. However, the production has been denoted by abrupt decreases and increases in both wellhead pressures and flow rates rather than a gradual reduction typically associated with reservoir depletion due to gas offtake. This unusual characteristic is consistent with the development of a mechanical blockage, and a wireline survey has located an obstruction caused by debris at the lower end of the production completion.\n \nPreparations are therefore underway to conduct a coil tubing intervention during late August 2010. This operation will attempt to remove the obstruction to allow production logging of the perforated intervals, and to accurately quantify the delivery potential of the well. A further announcement will be made on completion of this intervention.\n \nMEX-106\n \nThe ...