Antrim: Causeway Field Production Begins

Canada's Antrim Energy reported Monday that oil production has begun on its Causeway Field in UK Continental Shelf Block 211/23d.

Antrim, which has a 35.5-percent working interest in Causeway, said commissioning of the field has started with gross production rates of around 4,500 barrels of oil per day on a 53-percent choke. However, the company added that initial production rates are currently being affected by longer-than-expected clean-up and commissioning due to the long horizontal nature of the well – although electric submersible pumps are anticipated to contribute to production rates during the first half of 2013.

Antrim said that the next phase of the work on Causeway and the Fionn oil field is expected to begin early in 2013 and to be completed by the middle of the year.

"First oil at Causeway is a major milestone for Antrim, representing our first production from the UK North Sea. It is the culmination of significant effort and investment made by the company in the area. Causeway is expected to contribute substantial cash flow to Antrim, as we continue to develop our existing assets and explore other opportunities in the UK and elsewhere," Antrim CEO Stephen Greer said in a company statement.



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