Beacon Energy plc, a full-cycle oil and gas company with onshore German assets, has announced an increase in its assessment of reserves in the Erfelden field. This assessment incorporates the results of the recently drilled Schwarzbach-2(2.) well. The well encountered a 34-meter gross interval containing 28 meters of oil-bearing net reservoirs, which were higher and thicker than expected. The company believes that the adjacent Schwarzbach South segment should be re-categorized as reserves justified for development. The updated assessment of potential reserves for these two segments is 7.24 million barrels of oil in the Best Estimate Case. The well has been tied-back to the Schwarzbach Production facility, and commercial production is expected to begin in the second half of November. A rod pump is currently being installed, with an Electrical Submersible Pump (ESP) to be installed later for higher capacity production. The company is undertaking a full-field review to determine the best way to develop the central part of the Erfelden field. A third-party independent Competent Person's Report (CPR) on reserves will be commissioned.