Amid a bleak past few months for Tunisia’s upstream sector, UK-minnow Panoro Energy looks set to finally reverse output declines after already hitting its end-year gross 5,000 b/d target. If production continues at current levels of about 5,200 b/d for Q4 as a whole, Panoro could be in for a 11% year-on-year increase to about 4,100 b/d for 2020.
Panoro’s output boost comes on the back of “significant workover activity” across its producing assets, as well as the October completion of the long-planned ‘GUE-10AST’ side-track well at its Gueibiba field located in Sfax. The well is currently producing from the ‘Bireno’ reservoir, but the “upper ‘Douleb’ reservoir will be produced once Bireno is drained, and offers a material production opportunity to come,” according to Panoro’s Q3 results on 23 November. (CONTINUED - 232 WORDS)