Energean steps up drilling at Prinos offshore Greece
Oil production from the Prinos complex offshore western Greece averaged 2,803 b/d last year, according to operator Energean Oil & Gas.
ATHENS, Greece – Oil production from the Prinos complex offshore western Greece averaged 2,803 b/d last year, according to operator Energean Oil & Gas.
However, remedial action helped restored levels to around 3,405 b/d during 4Q. This included start-up of Prinos infill wells PA-38 and PA-33, a workover of well PA-40, and completion of the PA-37 well in December.
Late last month the 4-km (2.5-mi) extended reach well in the Prinos North field was completed ahead of schedule, and the well is currently flowing 1,000 b/d on a 41% choke.
A $350-million development program is also under way designed to significantly increase production from the Prinos basin by 2021, including:
- Drilling of up to 24 new wells (eight wells already drilled since December 2015, with five more to be drilled this year)
- Construction of an unmanned platform to develop theEpsilon field adjacent to Prinos.
In addition, Energean has received approval for the development plan for theKataloko field offshore western Greece from Hellenic Hydrocarbons Resources Management.