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Europa Oil & Gas on ERCE view that much higher rates are possible at Wressle oil field

Europa Oil & Gas’ Simon Oddie talks to Proactive London about the the Wressle oil field in Lincolnshire which could see greater returns if facilities constraints on gas production can be alleviated.

That’s the key finding in a report authored by consultant ERCE which carried out an analysis of down-hole pressure data in December.

ERCE estimated that the field could achieve production rates of up to 1,216 barrels of oil per day, compared to around 600 barrels per day at the moment, based on current reservoir pressure and ‘a flowing tubing head pressure of 400 pounds per square inch gauge (psig)’.

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Read More: Europa Oil & Gas on ERCE view that much higher rates are possible at Wressle oil field

2022-01-19 08:18:00

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