Mauritania: Chinguetti to shut down at year end


Issue 330 - 16 Sep 2016 | 1 minute read

Premier Oil has confirmed plans to shut down the Chinguetti field by year-end, saying operator Petronas submitted an abandonment and decommissioning plan to the government on 29 June. Output has declined steadily due to natural decline from the existing wells, and the field is no longer economic at the current low oil price. Chinguetti started up in 2003, but proved more geologically complex and less productive than anticipated. Gross production in 2015 averaged 5,083 b/d, compared to 5,512 b/d in 2014. No infill drilling or workover activity took place on the field during 2015.

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