Energy: Whitebark to see higher oil output after fishing crap out of its well
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Whitebark Energy (ASX:WBE) could soon be enjoying the fruits of increased oil production from the Rex-1 well at its Wizard Lake project in Canada after completing workover operations to remove debris in the well.
The company originally shut-in the Rex-1 well after the significantly-better-than-expected production from the newer Rex-2 well exceeded the capacity of surface facilities to handle the increased oil flow.
Rex-2 flowed both oil and gas at a peak rate of 865 barrels of oil equivalent (boe) per day, about 154 per cent higher than the 340boe per day from Rex-1.
Whitebark subsequently decided to carry out a well intervention on Rex-1 to determine why its performance was significantly lower than Rex-2.
This resulted in the discovery of debris that obstructed about two thirds of the Rex-1 horizontal section, which suggests that the well has only been producing from the one third of the wellbore that was not obstructed.
Whitebark said the well had been prepared for the installation of a long-term pump and would recommence production once the surface facilities upgrade was completed in December.
The company is currently drilling the Rex-3 well, which will increase its interest in the Wizard Lake project to 50 per cent from the current 40 per cent.
Ansila Energy’s (ASX:ANA) plan to re-enter, fracture stimulate and test the Siciny-2 gas well in Poland has been approved by the Polish Ministry of Mines. This approval allows operator Gemini Resources to mobilise to the wellsite and start operations. Fracture stimulation and flow test operations are still on track to occur in December.