Vermilion
Vermilion
Vermilion
France

France

  • Vermilion is France’s top oil producer and most active oil and gas company
  • Vermilion sees great opportunity to improve oil extraction from vast reservoirs
  • France’s large resource basins are relatively unexploited

France Business Unit Production & Activity Review

Production

  • Q2 2017 production increased 5% versus the prior quarter due to production additions from our Champotran and Neocomian drilling programs.  Production decreased by 8% versus Q2 2016 due to production declines, well downtime and third party restrictions impacting Vic Bilh gas production. These decreases more than offset new well production and optimization activities.


Activity review

  • During Q2 2017 we drilled one (1.0 net) well in the Neocomian field, completing our first drilling program with all four (4.0 net) wells successfully brought on production.
  • We have completed our drilling and completion activity for 2017, which included the drilling and completion of four (4.0 net) Neocomian wells and one (1.0 net) horizontal sidetrack well in the Vulaines field as well as the completion of four (4.0 net) Champotran wells that were drilled in Q4 2016.
  • In addition to the drilling and completion activity, we will continue to focus on workover and optimization activities throughout the remainder of 2017.

Please see our Q2 2017 Report for further information

France