Eugene Island well successfully recompleted

The Eugene Island A-6 well in the Gulf of Mexico has been recompleted as a long-term producer from the well's primary zone, according to Leed Petroleum.

Offshore staff

LONDON -- The Eugene Island A-6 well in the Gulf of Mexico has been recompleted as a long-term producer from the well's primary zone, according to Leed Petroleum. This zone began testing on Feb. 16, and, following a clean-up period, consistently has flowed to sales at a stable restricted rate of 1,750 boe/d, the company reports. Prior to recompletion, the well was flowing at approximately 500 boe/d. The company has also now completed the upgrade of platform water handling facilities.

Field production is currently stable at 6,000 boe/d gross (4,500 boe/d on a working interest basis) with all three recently drilled wells contributing, the company says.

"Production from the newly recompleted Eugene Island A-6 well concludes the company's near-term work program for the Eugene Island field," says Howard Wilson, president and chief executive of Leed Petroleum. "The three successful wells have had a major impact on the company's reserves and should make substantial contributions to the company's revenue stream for years to come."

02/25/2009

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