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Ithaca Energy cheered by better than expected production boost at Beatrice Bravo

04 February 2010

Ithaca Energy, the oil and gas group working on exploration, development and production assets in the UK sector of the North Sea, has boosted the production potential from the Beatrice Bravo facility by approximately 1,500 barrels of oil per day (bopd) following the completion of well interventions

The new figures, which translate into 750 bopd net to Ithaca, is significantly higher than the target of 500 bopd (250 bopd net to Ithaca) that the company was hoping to achieve with its joint venture partner, Dyas UK. However, it warned that it was too early to establish a reliable longer term production forecast and said it was retaining the overall target of 5,100 bopd net average production for 2010.

The well intervention programme involved refurbishing and restarting production from three wells tied into the Beatrice Bravo platform from the northern part of the Beatrice field. Approximately 1,000 bopd gross (500 bopd net to Ithaca) of the incremental production potential is attributed to the highly effective B11 well intervention which involved perforating across a previously untapped section of the Beatrice reservoir to access an undrained area of the field.

Elsewhere, work to resolve issues which relate to the processing plant on the Beatrice Alpha platform have been progressing. It is anticipated that production from wells tied into Alpha will restart later this month.






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