CBM operator surpasses gas production milestone
Far East Energy Corporation (FEEC), the US operator of the Shouyang Block Coalbed Methane (CBM) Production Sharing Contract (PSC) in Shanxi Province, China, has announced a continued rise in gas production from the block.
On 22nd January, the company announced that gas production at Shouyang had reached 1 797 499 ft3/d. FEEC has now announced that as of 11th February, production has reached 2 029 604 ft3/d, surpassing the 2 million ft3 milestone.
This level is an increase of 13% from the production figure released in January.
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Commenting on the achievement, CEO Mike McElwrath said, "It is gratifying to have reached this milestone; and it is even more satisfying to realise that we are in a period of prolonged production increases. The 2013 drilling program was a great success and these numbers highlight its ongoing impact. Special credit to our field teams, who worked through the Chinese New Year period to ensure continued production growth."
Adapted from press release by Katie Woodward
Read the article online at: https://www.worldcoal.com/cbm/18022014/far_east_energy_surpasses_cbm_gas_production_milestone_535/
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