Business
Operational Update Ukraine
Operational Update Ukraine.
About this update from Enwell Energy Plc
[{"type":"text","content":"\n RNS Number : 5649T Regal Petroleum PLC 30 September 2010 \n \n\nRegal Petroleum plc\n(\"Regal\" or the \"Company\")\n \n30 September 2010\nOPERATIONAL UPDATE\n \nFIELD DEVELOPMENT PROGRAMME\n \nRegal, the AIM-listed oil and gas exploration and production group (symbol: RPT), provides an operational update on its current production development programme in Ukraine.\n \nDrilling \n \nMEX-120\n \nThe well was completed with a 7 inch liner over the B-sand sequence (B-22 & B-23 reservoirs), and after testing, was hooked up to the gas processing plant. Production rates are showing a decreasing trend that has not yet stabilised; a well test on 22 September 2010 recorded a flow of 78 boepd (10,700 m3/d gas and 0.6 m3/d condensate).\n \nSV-69\n \nThe 95/8 inch intermediate casing was set at 4,840m, and the well reached TD below the B-sand objective on 29 September 2010 at 5,420m. Completion, testing and hook-up operations are expected to be concluded by early November 2010.\n \nWorkovers \n \nSV-66\n \nA coiled-tubing intervention to remove an obstruction at the base of the production tubing was completed. The well is producing steadily to the gas plant, and was tested on 26 September 2010 at a rate of 246 boepd (39,140 m3/d gas and 0.3 m3/d condensate) on a 6mm choke without any need to periodically cycle the well to remove fluids.\n \nMEX-106\n \nThe intervention to remove the blockage and resume the T and D-sands perforation and test programme was completed. The well was brought back online on 9 September 2010, and although production logging has confirmed a gas contribution from perforations of the T-2 sand at 5,620m, the D-sands do not show any evidence of inflow. The well has not yet been tested through the well test facility. An estimated 6-7 m3 of completion brine is produced back from the well on a daily basis from the B-20 reservoir. The ultimate performance potential of the well remains unknown. The current estimated production rate for MEX-106 is 156 boepd (20,000 m3/d gas and 5 m3/d condensate).\n \nMEX-103\n \nA work-over to re-perforate the B-20 reservoir, productive in adjacent wells, was completed on 8 September 2010. The well-test pressure buildups indicate that the reservoir is now connected fully to the borehole. However...