Xcite Energy completes flow test of horizontal well on Bentley field

Xcite Energy Limited, an oil exploration and development company, has announced the successful completion of 9/3b-6z horizontal well flow test on the Bentley field.
The flow rates achieved demonstrate both the commerciality of the Bentley field and the reservoir properties to be above the upper end of modelled expectations.
Key flow test results includes total flow test of 36 hours including clean-up of 9 hours, with cumulative production to tote tanks of over 2,000 barrels and multi-rate flow tests were conducted, culminating in a final stabilised flow rate of 2,900 stock tank barrels of oil per day.
Richard Smith, CEO of Xcite Energy, commented: "This is an outstanding outcome for the Xcite team and for the industry contractors to deliver this successful well test on Bentley. This flow test fully demonstrates the commercial potential of the Bentley field and the long-held belief that Xcite has maintained in this major North Sea asset. We now move on to the first stage production planned for 2011 with an excellent platform."
Source: Press release