Europa Oil & Gas (Holdings) plc, the UK, Ireland and Morocco focused oil and gas exploration, development and production company, has announced that it has been advised by the operator that consent has been received from North Lincolnshire Council for the storage of crude oil under the Planning (Hazardous Substances) Regulations 1992 at the Wressle Oil Field Development.
The grant of consent allows full use of the installed oil storage capacity at the site of approximately 2000 bbl and will enable full production from the conventional Wressle1 well to be realised once the upcoming proppant squeeze has been completed. The proppant squeeze, for which all necessary consents have been received, is expected to increase overall production to 500 bpd of oil (150 bbl net to Europa).
Wressle is located on licences PEDL180 and PEDL182 (the licences) in North Lincolnshire. Europa holds a 30% working interest in the licences, alongside Egdon Resources UK Ltd (30% and operator), and Union Jack Oil (40%).
Simon Oddie, CEO of Europa, said: “The receipt of the final consent is very positive news and will enable the proppant squeeze in June to maximise production rates at Wressle.”
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/27052021/europa-oil-gas-granted-oil-storage-consent-for-wressle-oil-field/
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