Poland’s Rawicz field estimated to hold 50 bcf in 2P reserves

May 19, 2015
Rawicz gas field in Poland contains estimated gross proved plus probable reserves of 50.3 bcf based upon a five-well development plan, including the recently tested Rawicz-12 well, according to a competent persons report (CPR) from Ryder Scott Co.

Rawicz gas field in Poland contains estimated gross proved plus probable reserves of 50.3 bcf based upon a five-well development plan, including the recently tested Rawicz-12 well, according to a competent persons report (CPR) from Ryder Scott Co.

Littleton, Colo.-based independent Palomar Natural Resources LLC and Dublin-based independent San Leon Energy PLC expect to move reserves to proved based upon a signed gas contract, which they say is under negotiation.

The companies earlier this year reported “highly positive” preliminary well test results for Rawicz-12.

The companies say they are in the advanced stages of the planning and design of several development scenarios focused on bringing gas online in early 2016. A development plan will be submitted to the Polish regulators, based on the CPR.

The current development plan is based upon building a scalable central processing facility to handle the gas production from adjacent prospects on the Rawicz concession, which Palomar estimates at more than 100 bcf. Poland’s Ministry of Environment in 2012 merged the Rawicz and Winsko concessions in the Permian-SW Carboniferous basin and expanded the total concession area (OGJ Online, June 14, 2012).

Palomar operates the Rawicz project with 65% interest. San Leon has no up-front drilling costs for its 35% share of the first two wells.

John Buggenhagen, Palomar chief executive officer, said the firm has already mapped several other large, undrilled structures on its 3D seismic database at Rawicz that would bring potential to the area and justify “a larger, fast-paced development plan.”