Ascent Resources purchases mobile compressor unit for Slovenia project
Published by Nicholas Woodroof,
Editor
Oilfield Technology,
The supplier is expected to install and commission the mobile compressor unit in 4Q19. Once installed the compressor is expected to allow increased, stable production from well Pg-10 and will significantly extend the life of this well. The equipment will also be used on well Pg-11A to address the performance issues which have restricted production from that well over the past year.
When the company is able to re-stimulate Pg-10 and Pg-11A the compression equipment may be used on other wells in the field to further increase production.
Colin Hutchinson, CEO of Ascent Resources plc, commented: "I am pleased that we have sourced suitable compression equipment in the region and signed a comprehensive contract with warranty and maintenance provisions. We look forward to installing the unit and the resulting increase in production."
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/23052019/ascent-resources-purchases-mobile-compressor-unit-for-slovenia-project/
You might also like
Energy industry faces short-term instability, yet remains optimistic about long-term prospects, DNV report reveals
The energy industry is braced for short-term uncertainty caused by global instability, but remains optimistic in the long-term, according to DNV’s annual Energy Industry Insights survey.