Europa doubles production

10th Jun 2011 07:31

Europe-based hydrocarbon explorer Europa Oil & Gas said that group production has doubled since the operational and weather-related issues reported in early March.The firm announced on 1 March that overall production at its West Firsby oilfield in Lincolnshire has been affected by the severe winter weather.Now, group production has surged by 100% to the current average of 260 barrels of oil per day (bopd). Gross revenues are running at $0.75m per month.While the West Firsby-9 well is currently on jet pump production from Zone 1 and producing 50bopd, West Firsby-7 Zone 1 has been producing 90bopd for the last two weeks, "a strong improvement on previous performance before re-perforation.""There is significant potential for additional production from Crosby Warren [field in Scunthorpe] by repeating the highly successful 1987 stimulation of Crosby Warren-1. This is planned for August and is anticipated to provide incremental production of between 50 and 150bopd," Europa said."The plan for the next 18 months is shaping up to see the company firstly drill up to 3 exploration wells with net resource potential of up to 48mmbo, secondly to appraise up to 80bcf net contingent resource and thirdly to be in a position to drill a well on a 1.7TCF potential net resource onshore France," said the group's managing director, Paul Barrett.---BC