FX Energy advances E&D projects in Poland

Oct. 10, 2005
FX Energy Inc., Salt Lake City, operator of the Wilga-2 natural gas and condensate well on the Lublin concession about 100 miles southeast of Warsaw in Poland's Permian basin, has let contract to the Polish firm PBG SA to develop the discovery.

By OGJ editors
HOUSTON, Oct. 10 -- FX Energy Inc., Salt Lake City, operator of the Wilga-2 natural gas and condensate well on the Lublin concession about 100 miles southeast of Warsaw in Poland's Permian basin, has let contract to the Polish firm PBG SA to develop the discovery.

Wilga-2, drilled by former operator Apache Corp. in 2000, has proved reserves of 6 bcf of gas and 250,000 bbl of condensate (OGJ, Apr. 28, 1997, p. 45). The well is expected to produce 4 MMcfd of gas and 230 b/d of condensate. FX Energy holds an 82% interest, and Polish Oil & Gas Co. (POGC) holds the balance.

PBG will build surface facilities, a 17 km pipeline, and a connection to POGC's transmission system. The project is scheduled for completion in July 2006.

In the same basin, FX Energy on Sept. 12 began drilling the Sroda-5 well 4 km southeast of the Sroda-4 well, which it completed earlier this year. Stroda-5, which has reached a depth of 1,600 m, is expected to test a Rotliegend sandstone target at 3,600 m deep.

The company plans to shoot 2D and 3D seismic surveys over the Sroda, Sroda Northeast, and Winna Gora structures.

Partner POGC, operator of the Lugi-1 site on the Fences I project of the basin, has a rig on location and expected to begin drilling the Lugi-1 well by Oct. 9 as a test of the pinchout play and hopes to drill four more wells in the fourth quarter in Fences I, II, and III. POGC owns a 51% interest in Lugi-1, and FX Energy owns 49%.