United Oil & Gas’ (UOG) Abu Sennan concession has exceeded the company’s pre-completion expectation with a production rate of 13,900 barrels of oil equivalent per day (boe/d) during the first half of June. This indicates a 69% increase compared to an average production of 1,810 boe/d during April, according to a statement.
This was largely due to the production of El Salmiya-5 well-testing which averaged at around 4,000 barrels per day (bbl/d) and in excess of 16 million standard cubic feet per day (mmscf/d).
Additionally, a report from Gaffney Cline & Associates showed an increase of about 12.5% in Abu Sennan’s proved and probable reserves to 13.5 mmboe compared to 12 mmboe at the beginning of 2019.
COO at UOG Jonathan Leather stated that “much as we expect the production at the El Salmiya-5 well to be choked back from the current levels, it is fair to say that net production of over 3,000 bbloe/d at this stage has surpassed even our own high expectations for the Licence.”