Skip to main content

Ascent Resources purchases mobile compressor unit for Slovenia project

Published by
Oilfield Technology,


Ascent Resources plc, the European focused oil and gas exploration and production company, has signed a contract for the purchase of a mobile compressor unit for use at its Petišovci project in Slovenia.

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

KBC releases value optimisation manifesto

The manifesto is intended to help asset owners and operators in the energy and chemicals industry drive top line revenue growth, at significantly less cost.

 
 

Embed article link: (copy the HTML code below):


 

This article has been tagged under the following:

Upstream news Exploration news Upstream project news Oil & gas news