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Oil & Gas

Europa Oil & Gas says work underway on Wressle-1 artificial lift

Europa Oil & Gas (Holdings) PLC has stated that operations to install an artificial lift on the Wressle-1 well have commenced.

Europa, a UK and Ireland-focused oil and gas exploration, development, and production company, has a 30% interest in the Wressle project.

Operations began with a slickline programme, which has now been completed, where downhole pressure and temperature gradients were acquired.

The ongoing work programme includes recompleting the well for installation of a downhole jet pump and installing the associated surface equipment.

The operations are scheduled to take approximately three weeks and production from Wressle-1 is expected to be reinstated in late September.

Data obtained from these activities will be incorporated into the ongoing work by ERC Equipoise Ltd and the expected beneficial impact on production of the artificial lift from the jet pump will be included in its independent Competent Person`s Report, the details of which will be announced once this work is completed.

Will Holland, chief executive of Europa, said: "We have been working closely with our partners at Wressle to identify ways of maximising the field's performance and the installation of a jet pump to provide artificial lift has been under consideration as a potential production-enhancement programme for some time.

“In addition, planning for the Wressle development drilling programme continues, which will access the Penistone reserves and utilise the existing infrastructure. I am very pleased that work is underway and look forward to updating shareholders on our further progress in due course."

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