Questerre Begins Production from A-5 Well in Canada

Questerre Energy says the A-5 well at the Beaver River Field in British Columbia, Canada has begun production.

The well was tied-in to the production facilities and field gathering system earlier this month. A long-term production test commenced this week at an initial rate of 3 mmcf/d of raw gas against line pressure of 3700 KPA. Associated water production is estimated to be in excess of 1,000 cubic meters per day. Water disposal facilities at the A-5 well are currently capable of processing approximately 1,500 cubic meters daily without any further upgrades. The economic viability of this well will be determined over the next two to three months as production stabilizes with further optimization of facilities.

The Beaver River Field is currently tied into the Duke Energy Gas Transmission pipeline and all gas produced is processed at the Duke Energy Fort Nelson Gas Plant located approximately 100 miles from the field. Questerre currently has not entered into any fixed contracts and all natural gas is sold at the Station 2 spot price.