http://signaloil.wpengine.com/wp-content/uploads/2015/10/Signal-Oil-logo-red-300x32.png 0 0 RSS FEED http://signaloil.wpengine.com/wp-content/uploads/2015/10/Signal-Oil-logo-red-300x32.png RSS FEED2018-10-03 03:17:042018-10-03 03:17:04Angus Energy: Balcombe Discovery Capable Of Commercial Production
Angus Energy: Balcombe Discovery Capable Of Commercial Production
Results of a seven-day flow test program for the Balcombe-2z horizontal well in the U.K.’s Weald Basin have led Angus Energy to believe the discovery is capable of producing at commercial rates.
During the test, the well naturally flowed at 853 barrels of oil equivalent per day (boe/d), excluding 22.5% water, the company said in a news release Oct. 2. The well flowed at 1,587 boe/d, excluding 6.6% water, during a second flow period. The well produced hydrocarbons from a Micrite Layer. Nitrogen was used during the test to help the well flow.
“The company believes based on the results of this 7-day flow test, it can isolate the water producing zone and establish commercial production under normal pumped production conditions,” Angus said in the release.