RE: RNS19 Dec 2022 07:07
Saltfleetby Update - Sidetrack
The Company is pleased to announce that the third hole section on well Saltfleetby SF7V has been drilled to a measured depth of 2,492 meters (md) within the uppermost reservoir section. The upper sections of the well are now cased off ready to drill ahead through the main reservoir. The reservoir will be drilled at approximately 90 degrees to a TD of around 3100m and will include a long section through the most productive of the reservoir sections alongside a previous well that was the most productive in the field but which was abandoned in the past for technical reasons.
Progress has slowed down significantly due to extremely cold weather in the locality which resulted in surface equipment failures and logistical delays. This was then compounded by nationwide strike action which is directly affecting crew and freight logistics. However, by completing the current section operations can be suspended safely over the Christmas period with resumption of the final open hole drilling on 5 January 2023 for approximately 10 days followed by well testing and connection to the process plant.
Saltfleetby Update - Production and Process plant
The second gas compressor arrived on site on Friday 16 December 2022 and Angus is allowing for approximately one month to tie the unit into the rest of the plant prior to initiating dynamic commissioning. The month of December 2022 experienced more than its fair share of process upsets due to experiencing ambient temperatures of minus 10 degrees Celsius, nonetheless average production rates remain ahead of hedged volumes. Full production figures will be reported as usual at the end of the calendar quarter.