Lime Petroleum Holding(LPH) is simultaneously executing strategic initiatives in its assets in Benin, Norway and Germany, reaffirming its growth strategy in hydrocarbon production.
Simultaneous extension of the drilling operations
The first well in the Sèmè field was drilled on August 4 by Akrake Petroleum Benin SA, a subsidiary of LPH. This breakthrough inaugurates a 100-day work program that includes three drillings with the Borr Gerd self-elevating rig.
Simultaneously, the conversion of the mobile production unit (MOPU) in Dubai and preparations for the integration of the floating storage unit (FSU) are progressing. floating storage unit (FSO)(FSO). Both elements are scheduled to be operational by the fourth quarter of the year.
In the North Sea, production from the Brage field, where Lime Petroleum AS owns 33.84%, recorded a 43% higher-than-estimated performance in July, through the participation of the Kim andTalisker East wells.
In addition, a three-well drilling campaign is underway to evaluate new zones in the Oseberg formation. Meanwhile, drilling in the Bestla field, connected to Brage, is progressing well.
Separately, Lime Resources Germany is preparing to drill two wells in Schwarzbach/Erfelden in the first quarter of 2026. The new wells will start with an initial capacity of 200 barrels per day each, which is expected to increase to 600 barrels per day in the fourth quarter through technical improvements.
Lima Petroleum Holding is thus workover the Schwarzbach 1 well, with plans to reactivate it in September 2025. It is therefore planning its future developments in the Steig, Graben and Gross Rohrheim discoveries with a view to 2027.
LPH CEO Lars B. Hübert, mentioned that simultaneous growth in three geographies is consistent with the company’s near-term objectives. The integration of more mature assets and new developments consolidates the company into the group in the upstream sector. upstream sector European and African upstream sector.
Source and photo: Lima Petroleum Holding
