RE: Happy Tuesday10 Jan 2023 07:51
On October 11, the Company received a temporary permit from the Wyoming Oil and Gas Conservation Commission to temporarily flare up to 3.5 MMCF/d of produced gas to relieve the pressure constraints at certain high pressure flowing oil wells at its Barron Flats Shannon Unit. Due to the volatile nature of the produced oil in these wells, initiation of flaring for safety reasons was dependent on full installation of vapor recovery units on each well site. Commissioning of these facilities was delayed in November due to supply chain constraints on critical components. All facilities were in place and commissioned in early December. High pressure gathering lines were also laid from two wells directly to the gas plant thus mitigating flaring at these locations. All restricted wells in the field are currently back on line with field production not yet stable, but increasing as rates are slowly increased through the optimization process.