Project Profile
Location: 25 miles south of the Fences concession area, western Permian Basin, Poland
Production: 0.2 MMcfd
Reserves: Unknown
Area: 12,000 acres (50 sq. km)
Start-up Year: 2009
The Block 287 concession area is 12,000 acres (50 sq. km) located approximately 25 miles south of the Fences concession area in western Permian Basin, Poland. FX Energy owns 100% of the exploration rights and retained this small portion of Block 287 when FX relinquished larger portions in 2007 and 2008. Within the retained acreage in Block 287, there are three Rotliegend gas wells known as the Grabowka wells. Originally drilled by PGNiG in 1983-85, these three wells tested gas but never produced commercially. In early 2007, FX Energy entered into a joint venture agreement with an unrelated party, PL Energia S.A., headquartered in Krzywoploty, Poland, under which all costs of reentering and completing the three Grabowka wells and building production facilities would be paid by the joint venture partner in exchange for discounted pricing on gas. To date, FX Energy reentered only the Grabowka-12 well, which has been producing since July 2009. During 2011, it produced at an average daily rate of approximately 0.2 MMcfd. The company recompleted the Grabowka-6 well in the end of 2012, which would allow to increase production from this field by early in 2013.
Operators:
FX Energy: Operator with 100% interest (acquired by ORLEN Upstream in December 2015)