Production

Tunisia: Serinus Energy provides production update for Q3

Wednesday, 21 October 2015 04:23

Serinus Energy in an update on its Q3 production in Tunisia saw working interest flow at 1,343 barrels of oil equivalent per day.

The working interest is 11% higher than output in Q2, petroleum Africa reports.

Oil increased to 1,053 bpd while gas was 1.7 Mmcf/d as a result of the return of the Sabria Field as well as the declaration of operational issues with the national gas utility and transmission utility in Tunisia (STEG).

The operational issue was related to high ambient temperatures in late-June which reduced gas sales in ChouechEsSaida, Tunisia.

Serinus saw output for October an average of 1,120 boepd at the end of Q3. The company’s WIN-12bis well, which produces over 1,000 boepd is currently undergoing remedial work in order to remove blockage in the production tubing.

Furthermore, the company drilled and tested the WIN-13 well and also completed the installation of coiled tubing in the ECS-1. The company also witnessed two tanker lifts of crude oil in Q3.However, due to the current decline in crude oil prices, no additional drilling is expected for 2015.

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