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/