Eco Atlantic Oil & Gas
Climate Impact & Sustainability Data (2019-11-20)
Reporting Period: 2019-11-20
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- Heavy sour oil presents development challenges, including flow assurance, higher costs, and lower realisations.
- Heavy oil wells present additional challenges including flow assurance and water breakthrough when using water injection.
Mitigation Strategies
- Brought in a third-party consultant with heavy oil development expertise to help narrow down development options.
- Plans to go back to Jethro and drill an offset well to flow test the reservoir.
- Water injection to ‘sweep’ the oil through the reservoir and artificial lift (electric submersible pumps) will likely be necessary to achieve economic flow rates for the production wells.