Oil platform

Petroceltic International has commenced production at its new well on the Kaliakra gas field, offshore of Bulgaria.

The company said the well has been completed with a subsea wellhead and connected to the existing Kaliakra pipeline for export through the Galata platform.

According to the company, the GSP Prometeu jack-up drilling rig and Big Foot 1 lay barge have performed the well and flow line works.

The well is flow tested at rates in excess of 12 MMcfpd and the oil is being produced through the Galata facilities, which are shared with the Galata and Kavarna fields.

Upon rebalancing the production from the three fields, the combined rate is expected to stabilise at around 30 MMcfpd, the company said.

Irish oil and gas exploration and production company Petroceltic owns 100% working interest in the fields and associated infrastructure.

"The combined rate is expected to stabilise at around 30 MMcfpd, the company said."

Petroceltic chief executive officer, Brian O’Cathain, said the performance of the new Kaliakra development well will supplement the production from the company’s two other offshore gas fields.

"Bulgaria generates a significant proportion of the company’s revenues and we remain committed to investment in the country. Elsewhere in the region we look forward to results from the multiwell exploration drilling campaign which has recently commenced in Romania," O’Cathain added.


Image: GSP Prometeu jack-up drilling rig and Big Foot 1 lay barge performed Petroceltic’s well and flow line works. Photo courtesy of njaj / FreeDigitalPhotos.net.

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