In July 2009, production enhancement programs were commenced for the workover and reactivation of existing non-producing wells, with initial focus on the Crossroads Devonian Unit.
The company had increased gross production from an average of 186 barrels oil per day (bopd) in July 2009 to 585bopd averaged in February, 2010. Average production for the month of March was 500bopd.
At the company’s 98.5% owned Crossroads Devonian Unit, the company has re-completed six additional wells since its purchase in July 2008. At the time of purchase, this field was producing an average of 36bopd from 1 well. Current production is averaging 405bopd for the month of March, a decrease of 85bopd from February.
In March and in April, the company has shut in up to 3 productive wells due to increased produced water and maintenance to our water injection facility required to handle the high produced water rates associated with the fields production.
Barry Lasker, CEO of Enhanced Oil Resources, said: “We have seen considerable production increases over the last six months as we have reactivated several wells at Crossroads. Due to these successes we have now exceeded the current limits of our water injection capabilities and we are now focusing our available resources to increase storage and water injection volumes.”
