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ASD-3 Well-Test Results
ASD-3 Well-Test Results.
About this update from United Oil & Gas Plc
[{"type":"text","content":"\n\nUnited Oil & Gas PLC / Index: AIM / Epic: UOG / Sector: Oil & Gas\n \n1 June 2023\nUnited Oil & Gas plc\n(\"United\" or \"the Company\")\n \nASD-3 Well-Test Results\n \nUnited Oil & Gas PLC (AIM: \"UOG\"), the full-cycle oil and gas company with a portfolio of production, development, exploration and appraisal assets, is pleased to announce an update on the testing of the ASD-3 development well (\"ASD-3\") in the Abu Sennan licence, onshore Egypt. United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt.\n \nSummary\n- 12.5 metres of net oil pay interpreted across the primary Abu Roash reservoir targets\n- 730 bopd gross achieved on test from the Abu Roash E reservoir (\"AR-E\")\n- 684 bopd gross achieved on test from the Abu Roash C reservoir (\"AR-C\")\n- This result has positive implications for the in-place volumes and future potential of the ASD Field\n \nASD-3 Well Results\nThe ASD-3 development well, reached total depth of 3,683 metres on 8 May, in line with the schedule and under budget. This well was drilled approx.1.2 kilometres to the north-west of the successful ASD-2 well which was drilled in March 2022.\nThe well has now been logged and is interpreted to have encountered 3 metres of net pay in the Abu Roash C reservoir (\"AR-C\") and 9.5 metres of net pay in the Abu Roash E (\"AR-E\"), in line with pre-drill expectations.\nThe well has been completed, and has been tested from both the AR-C and AR-E at a number of different choke sizes, as summarised in the table below.\n \n\n\n\nReservoir\n\n\nChoke Size\n\n\nDuration of test\n\n\nAverage gross oil rate\n\n\n\n\n \nAR-C\n\n\n24/64\"\n\n\n8 hours\n\n\n449 bopd\n\n\n\n\n32/64\"\n\n\n6 hours\n\n\n565 bopd\n\n\n\n\n48/64\"\n\n\n8 hours\n\n\n684 bopd\n\n\n\n\n \nAR-E\n\n\n24/64\"\n\n\n4 hours\n\n\n439 bopd\n\n\n\n\n32/64\"\n\n\n4 hours\n\n\n556 bopd\n\n\n\n\n48/64\"\n\n\n4 hours\n\n\n730 bopd\n\n\n\n \nThe flow rates achieved during testing are in line with pre-drill expectations. The well has been completed with a single selective completion allowing production to first commence from one rese...