Sterling Resources Revises Downwards Production Rate at Breagh Gas Field

Sterling Resources revised downwards the estimates on the total average production for 2014 at Breagh gas field, in the light of the production test results for recently completed Breagh development wells A04 and A05. 

“We are pleased to be able to put another two development wells into service with a combined total of 45 MMscf/d of production. However, the A05 production rate is somewhat lower than expected, as our petrophysical analysis suggests that the well had encountered the best sands yet found across the field,” commented John Rapach, Sterling’s Chief Operating Officer. 

The Breagh gas field is located in Block 42/13 of the northern reaches of the UK Southern North Sea. It lies 50 km to the north east of the UK coast and 200 km to the west of the median line between the UK and Dutch sectors. Block 42/13 is owned by RWE Dea (70%) and Sterling Resources (30%).

“RWE Dea as operator of Breagh is evaluating the data and may recommend remedial actions which could be conducted in early 2014,” added Rapach.

According to a note released on Tuesday, A05 is now completed, having reached a total depth of 12,810 feet measured depth. The well has been tested at a maximum rate of 21 million standard cubic feet per day.

RWE Dea is a Germany's oil and gas producers with sites at various locations throughout the country. Sterling is a Calgary-based energy with assets in the United Kingdom, Romania, France and the Netherlands.