Atlantic Petroleum has announced that the second production well in the Chestnut field in the UK North Sea has been connected to the subsea infrastructure, and has increased production from the field to approximately 2,150 barrels of oil equivalent per day net to the company.
From the ongoing reservoir modeling work, the company expects that the overall recovery from the field will be increased compared to the previous estimate of 1.5 million barrels of oil equivalent net to Atlantic Petroleum.
According to the company, it holds a 15% working interest in the part block 22/2a containing the Chestnut field.
Wilhelm Petersen, managing director of Atlantic Petroleum, said: “Chestnut was already delivering at the upper end of our expectations. By adding this second well the Chestnut field has proved to be a good asset.
“We have sanctioned, drilled and brought this second well on stream in nearly 10 months which is a reflection of the group’s innovative use of seismic techniques to identify further infill well opportunities.”
Atlantic Petroleum is an independent exploration and production company with oil and gas interests in the North Sea, the Irish Sea, the Celtic Sea and in the Faroes.
