Whitebark Energy Ltds (ASX:WBE) new facilities and pipelines at the Wizard Lake Oilfield have now been successfully operating trouble-free for 16 days.
The facilities separate the gas from the liquids for sales via the Petrus gas processing facilities which are 15 kilometres to the northwest.
Gas throughput has been held at 2 – 2.5 mmcfd (million cubic feet per day) while the wells continue to clean-up and stabilise.
Oil throughput uses a heated cascade tank system which uses gravity to separate the oil and water. This system removes up to 99.5% of the water prior to the oil being trucked to receiving stations.
Well operations over the last two weeks have focussed on re-establishing full flow from the wells.
Total field production at this stage (from two wells still in clean-up mode) is averaging about 550 bopd (barrels of oil per day) and 2.2 mmcfd.
Once Rex-2 is restarted these rates will increase. The production from the field will continue in a manner that will facilitate the well clean-up process and optimise production rates and uptime for the long term.
As with other nearby fields producing from similar reservoirs, the present three wells of the Wizard Lake Oilfield are expected to require up to 90 days to attain their maximum flow rates.
Long term production growth
Whitebark Energy Managing Director, David MessinaRead More – Source
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