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AJ-13 Well Results & Commencement of Production
AJ-13 Well Results & Commencement of Production.
About this update from United Oil & Gas Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2787Y\n United Oil & Gas PLC\n 13 January 2022\n \n \n \n \n United Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas\n \n \n \n \n \n 13 January 2022\n \n \n United Oil and Gas plc \n \n \n (\"United\" or \"the Company\")\n \n \n \n \n \n Al Jahraa-13 well test results and commencement of production \n \n \n \n \n \n United Oil & Gas PLC (AIM: \"UOG\"), the growing oil and gas company with a portfolio of production, development, exploration and appraisal assets is pleased to announce successful test results and commencement of production from the Al Jahraa-13 development well (\"AJ-13\"), in the Abu Sennan licence, onshore Egypt, which is operated by Kuwait Energy Egypt.\n \n \n \n \n \n Highlights\n \n \n · \n Well tested with flow rates of:\n \n \n - \n 897 bopd and 0.95 mmscf/d gas (c. 1,087 boepd gross; 239 boepd net) on a 64/64\" choke\n \n \n - \n 623 bopd and 0.47 mmscf/d gas (c. 717 boepd gross; 158 boepd net) on a 32/64\" choke\n \n \n \n \n \n · \n The well has now been tied into the existing facilities and brought on stream at an initial rate of c. 600 bopd gross on a 48/64\" choke. This is less than eight days from completion, rapidly adding additional production and revenue to the Company \n \n \n \n \n \n · \n The ECDC-6 rig will now move to drill the ASD-2 development well, the first well in the 2022 campaign\n \n \n \n \n \n As previously announced, the AJ-13 well, which is a follow up to the successful Al Jahraa-8 well, safely reached a TD of 3,840m, several days ahead of schedule and under-budget. The well has been logged and interpreted to have encountered 17.5m of net oil pay across the Upper and Lower Bahariya reservoir targets, in line with the range of pre-drill expectations.\n \n \n \n \n \n The AJ-13 well is the fifth and final well in the Abu Sennan 2021 drilling programme. The ECDC-6 rig, used to drill the AJ-13 well, will now move to commence the 2022 drilling programme, starting with the ASD-2 development well. The ASD-2 well follows on from the exploration success that was made in 2021 with the ASD-1X well. It will target the Abu Roash reservoirs in a more northerly part of the same structure, aiming to access the upside reserves and accelerate production from this fiel...