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Oil & Gas

Angus Energy advances countdown to production at Saltfleetby gas project

Production and gas sales are now a couple of weeks away

Angus Energy PLC (AIM:ANGS) is counting down to the start of production at the Saltfleetby gas project in Lincolnshire, where it has handed over to commissioning specialists.

The independent onshore oil and gas developer told investors the last of the electrical and mechanical tie-ins are being completed early next week followed by hydrotesting, nitrogen leak testing, final verification, function testing of all pressure equipment and then live gas testing with well-head gas.

“This exercise is not wholly sequential as there is considerable overlap of function testing and leak testing,” the company said in a statement.

Angus noted that contractors are working toward a target date for first flow of well-head gas through the plant during the week commencing 20 June 2022, with the project’s first sales coming the week after.

Additionally, it told investors it concluded all preparatory risk assessment and planning for the forthcoming side-track at Saltfleetby. It expects a spud date of July 21.

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