By OGJ editors
HOUSTON, Apr. 27 – Consulting engineers estimated a 14% increase to 10.4 million bbl in the proved and probable heavy oil reserves at the Senlac thermal project in Saskatchewan, said Southern Pacific Resource Corp., Calgary,
Southern Pacific, which acquired the project in November 2009 for $89.3 million, said Senlac has produced 2.1 million bbl of heavy oil since the previous reserve estimate in December 2008. Production has averaged 4,430 b/d since the acquisition and 4,600 b/d in April 2010 after resolution of power and mechanical issues.
The company has completed a full-field development plan, the next phase of which involves drilling two horizontal wedge wells in the Phase G pad. They are to be spud in May. Two steam-assisted gravity drainage well pairs are to be drilled in Phase H in fall 2010.
The company plans to keep the facilities processing 4,000-5,000 b/d of heavy oil at Senlac, near Lloydminster.
