Netherlands
- The Netherlands is well positioned, in the heart of European natural gas markets
- Vermilion’s properties provide abundant gas exploration potential
- We are committed to environmentally responsible development
Operations
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Operational Activities
Vermilion initiated a four (2.3 net) well drilling program in the Netherlands with two (1.4 net) wells drilled during the third quarter. Vermilion anticipates drilling the remaining two (0.9 net) wells and completing testing operations during the fourth quarter of 2011. Vermilion continued ongoing partner negotiations related to production from the Rotliegend zone of the Vinkega-1 well in the Netherlands. Protracted unitization negotiations have resulted in a deferral of production, originally anticipated in September 2011. The Company currently expects to start-up production from the Rotliegend zone early in 2012.
Production
Production in the Netherlands averaged 5,589 boe/d in the third quarter of 2011 as compared to 5,682 boe/d in the second quarter of 2011. Third quarter production was negatively impacted by both unplanned outages and planned downtime for maintenance activities. Protracted unitization negotiations related to production from the Rotliegend zone of the Vinkega-1 well have resulted in a deferral of production, originally anticipated in September 2011. Based on the current state of negotiations, the Company currently expects Rotliegend production early in 2012.
Vermilion initiated a four (2.3 net) well drilling program in the Netherlands with two (1.4 net) wells drilled during the third quarter. Vermilion anticipates drilling the remaining two (0.9 net) wells and completing testing operations during the fourth quarter of 2011. Vermilion continued ongoing partner negotiations related to production from the Rotliegend zone of the Vinkega-1 well in the Netherlands. Protracted unitization negotiations have resulted in a deferral of production, originally anticipated in September 2011. The Company currently expects to start-up production from the Rotliegend zone early in 2012.
Production
Production in the Netherlands averaged 5,589 boe/d in the third quarter of 2011 as compared to 5,682 boe/d in the second quarter of 2011. Third quarter production was negatively impacted by both unplanned outages and planned downtime for maintenance activities. Protracted unitization negotiations related to production from the Rotliegend zone of the Vinkega-1 well have resulted in a deferral of production, originally anticipated in September 2011. Based on the current state of negotiations, the Company currently expects Rotliegend production early in 2012.
© 2011 Vermilion Energy Inc.