Feb 2021: Ascent gave an update on the PG-11A well at the Petisovci tight gas field, now put back into production (shut-in since Dec 2019). It has strong gas flows but, with demand low due to COVID 19, output is restricted to minimal local demand. When local industrial demand increases an extended well test will be performed to determine potential for supplying gas to INA in Croatia.
No significant news in 2020.
No significant news in 2019.
No significant news in 2018.
Nov 2017: Ascent commenced export production from wells Pg-10 and Pg-11A in the Petisovci gas field to the INA processing facility at Molve in Croatia. The focus for the next year is re-entry and re-completion of suitable existing wells.
Mar 2017: Ascent Resources announced that gas production from Pg-10 will commence in April (Globalshift notes: will probably be delayed). The flowline from Pg-10 has been completed with the gas from Pg-10 first dehydrated at the Petišovci field.
Jan 2017: Ascent Resources reports that the flow test at Pg-10 in the Petišovci Project has been successfully completed with maximum gas flow rates above the minimum commitments required under the gas sales agreement with INA.
No significant news in 2016.
Dec 2015: Ascent Resources (operator) is in discussions with industry partners to initially generate income from the sale of gas from the Petišovci field by Q3 2016 without the need to construct a new gas treatment works (which is subject to environmental permitting). The field lies in the northeast of the country between Hungary and Croatia.