Lest we forget2 Apr 2019 14:16
Horse Hill Developments Ltd. Aggregate test production from the Portland reservoir at the Horse Hill oil field now exceeds 10,000 barrels (bbl); the continuous Portland dry oil flow forms a key part of the schedule of works required to finalise the Portland field development plan and to the operator's target of establishment of permanent long-term Portland production by end 2019.
Rig tender documents have been issued to contractors for the drilling of the HH-2 Portland and HH-1z Kimmeridge appraisal/production wells for which planning and environmental permits are in place, with drilling targeted to start in spring 2019
HH-1 test production is planned to continue until the completion and testing of the new HH-2 Portland well.
Further, the Operator has provided the following summary of extended well test (EWT) results to date: over 35,000 barrels (bbl) aggregate Kimmeridge and Portland oil production to date. Over 25,000 bbl total Kimmeridge oil production. Over 10,000 bbl total Portland production to date, with flow continuing. 165 tankers of crude exported primarily to Perenco's Hamble oil terminal. The Portland's 36° API Brent quality crude, containing zero produced water, continues to be sold at prevailing Brent crude oil prices, less a small deduction for handling and marketing.