By OGJ editors
HOUSTON, July 2 -- A unit of Europa Oil & Gas Ltd., London, and its Ukrainian partner, Zahidukrgeologia, began gas production from Horodok field, which lies in the L'viv region of western Ukraine. The field is operated by Europa's Ukrainian unit.
Horodok field is estimated to hold 25-42 bcf of gas reserves in Miocene sandstone at less than 1,000 m. The field will be developed incrementally, Europa said, with additional reserves potential in the northern extension of the field to be tested in 2003.
Initially, three wells will produce gas into the nation's gas supply grid, with a fourth well being considered over the next month. In addition, the partners said they would consider drilling an additional development well sometime later this year.
Europa's other gas assets in western Ukraine include licenses covering Niklovich and Veliki Mosty fields, both of which are new developments. Europa said it would start predevelopment well testing later in 2002.
Europa estimates that it holds interests in 66-97 bcf in net gas reserves in its western Ukraine acreage. In addition, Europa holds exploration interests in Carpathian oil province in Romania and Poland that have substantial reserves potential, the company said.
