Beacon Energy PLC - Isle of Man-registered oil and gas company - Says Schwarzbach-2(2.) well in the Erfelden field in Germany continues to clean-up, although production remains at a rate of approximately 40 barrels of oil per day. Says the "low" output rate indicates that the reservoir near the well bore has been invaded with drilling fluids which are restricting flow rates. Additionally, Beacon says it has now started sand jetting operations with a coiled tubing unit to stimulate the well. Sand jetting will focus on the oil-bearing reservoirs in the Pechelbronner-Schichten sandstones.
Chief Executive Officer Larry Bottomleu says: "While the SCHB-2(2.) well encountered excellent oil-bearing reservoirs with thickness and properties in excess of pre-drill prognosis, drilling fluids that invaded the reservoir near the well bore during operations are currently impeding production. The retrieval of the downhole pressure data will inform our understanding of the impact that the drilling fluid invasion has had on productivity.
"We remain fully focused on establishing optimal production from the SCHB-2(2.) well as quickly as possible through the rod pump and ultimately the installation of the [electrical submersible pump]. Despite these operating challenges, the exceptional technical results of the SCHB-2(2.) well have materially increased the potential reserves of the Erfelden field and provided confidence on the productivity potential from this and future wells."
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By Sabrina Penty, Alliance News reporter
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Beacon Energy. (BCE)