AIM-listed Angus Energy, the independent onshore Energy Transition company with a complementary portfolio of clean gas development assets and legacy oil producing fields, has announced that, further to the Company's declared strategy of restarting production at the Brockham oil field in Surrey, the workover of the Brockham 2Y well to reinstate production from the field was successfully concluded in late May. A new pump was installed in the well and repairs and upgrades made to the surface equipment. After a period of flow to clean-up the well, it is back online producing c.120 bbls/day of total fluid, of which 40% is currently oil. The well will be monitored over the coming days to determine future production potential. All produced water is reinjected at the site into the reservoir for pressure support. Further updates on oil production from Brockham in which Angus has an 80% interest and other potential developments will be shared over the coming months.
Richard Herbert, the Company's CEO commented: 'As we stated in our last strategic update, Angus intends to expand production through organic and inorganic growth. This is the first step of that journey. We are very pleased with our progress at the Brockham Field to resume production. The workover was completed safely and on schedule and budget, with the new pump starting up on the 28th May. The well is now producing oil in excess of management's predicted flowrates and with the present surface configuration is expected to sustain 30-40 bbls/day of oil, with potential to increase further with operational improvements.'
Source: Angus Energy
