Thursday, October 9, 2008

Pacific increases production at Eureka

California-based Pacific Energy Resources has increased production from Platform Eureka in the Beta field off Long Beach, California.

The drilling rig refurbishment at Platform Eureka was recently completed and the process of working over wells has begun. The first well work has added an additional 300 barrels per day, bringing total Eureka production to approximately 1400 barrels of oil per day. The previously announced phase 2 production target of 2000 barrels of oil per day for Eureka is expected to be fully achieved by the end of October with an additional three wells returned to producing status. The company's end of September production was about 7500 barrels of oil equivalent per day. This compares to 6780 boepd in the second quarter and about 7300 boepd for the third quarter.
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