North Sea-focused independent oil firm Ithaca Energy reported Tuesday that it has drilled the fourth development well on its Stella field, achieving a flow rate of 12,005 barrels of oil equivalent per day.
Ithaca said that Well 30/6a-B2Z was drilled to a total measured depth subsea of 14,461 feet, with a 2,396-foot gross horizontal reservoir section completed in the Palaeocene Andrew sandstone reservoir. The well intersected high-quality sands across a net reservoir interval of 1,658 feet – equating to 69 percent net pay.
The firm said that a maximum flow test was completed, with the well achieving a rate of 12,005 boepd on a 48/46-inch choke. The rate comprised 5,901 barrels of oil per day and 36.6 million standard cubic feet of gas per day. Fluid samples show that the oil has a gravity of approximately 47 degrees API.
With the suspension of operations on the well, there have now been four Stella Andrew reservoir development wells completed. The combined maximum clean-up flow test results achieved by these wells amounts to more than 45,000 boepd, Ithaca said, pointing out that this well production capacity "significantly de-risks the initial annualized production forecast for the Greater Stella hub of approximately 30,000 boepd".
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