Prospera Energy Launches Key Infrastructure Upgrades to Unlock Next Phase of Production Growth

Core Insights - Prospera Energy Inc. has initiated a significant pipeline replacement and infrastructure upgrade project in the Cuthbert area, with a total capital investment of approximately $500,000 [1][2]. Project Details - The project involves replacing two aging composite pipelines with new corrosion-resistant FlexSteel material, which will enhance water injection management and reservoir pressure maintenance [2]. - The new pipelines are expected to increase waterflood injection capacity by approximately 2,500–3,500 m³ per day, raising total field capacity from around 3,200 m³ per day [2]. - A third water injection pump will be installed at the Cuthbert 2-2 battery, projected to add approximately 150 barrels of oil per day in incremental production after a two-to-four-week ramp-up period [2][3]. Operational Benefits - The initiative allows for more efficient water redistribution, optimizing recovery and enabling the addition of more producer wells in the southern field area [3]. - The project aims to improve overall waterflood system pressure, which has been operating below the optimal range of 6,500–8,000 kPa, thus enhancing system reliability and long-term recovery factors [3]. - Material cost savings are anticipated through reduced downtime and fewer maintenance interventions, with surplus materials being utilized for future infrastructure improvements [4]. Strategic Importance - This project is part of Prospera's broader field redevelopment plan, focusing on modernizing assets and optimizing reservoir management to support sustained production growth in 2025 and beyond [5].