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Angus Energy Provides Operations Update

04/07/2023

Gas volumes produced and sold from the Saltfleetby Field equalled 6.8 mm therms in aggregate for the months of April, May and June 2023 combined, or an average of 2.3 mm therms per month as against hedged volumes of 1.75 mm therms per month for the quarter. 

The new B07T well came online for export on 10 May which resulted in a higher figure of 2.6 mm therms exported during that month. June saw a full plant shutdown from 19th to 21st which identified issues with the 2nd Compressor engine driver resulting in production with only one compressor for the remainder of the month and yielding export of 2.5 mm therms for June.

The company expect the remedial engine maintenance on the 2nd compressor to be completed during the course of this week, returning the field to full flow with all three wells and both compressors.

Peak daily production rates of 9.3 mmscfd were achieved during the quarter, together with a new record hourly flow rate of 10.6 mmscfd. The average daily production rates for the overall period was 6.8 mmscfd due to the new well only coming into production half way through the quarter.

The new B07T well continues to clean up through the temporary flowline connecting it to the field facilities. It is still returning small amounts of drilling debris but the quantity continues to diminish with time. Flow rates from the new well have been in excess of 4.25 mmscfd for extended periods. Construction of the permanent flowline from the well is underway, with a target of end August for commissioning.

Gas condensate (liquid) production averaged 160 bbl/day. 

KeyFacts Energy: Angus Energy UK country profile

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