Offshore Staff
ABERDEEN, UK -- Venture Production has brought a second production well in the Chiswick gas field onstream using the Noble Kolskya jackup.
Overall production from the Chiswick field is currently over 70 MMcf/d although this rate is restricted by the liquid handing capability on the production facility while the Gamma well produces back the remaining fracture fluids. As the total liquid level reduces, the production rate is expected to increase to between 80 and 90 MMcf/d.
Drilling of the Chiswick Gamma marks successful completion of the Chiswick field's first phase of development. Work is ongoing to prepare for up to three further wells targeting incremental reserves in the Gamma fault block and the undrilled Beta fault block.
"Successfully bringing both Chiswick wells into production and completing this challenging project is a fantastic example of how Venture is equipped to extract value from 'stranded reserves' that previous operators have been unable or unwilling to focus upon," says Mike Wagstaff, Venture Production's chief executive.
03/10/2008
