UOG Commences Production from ASD-2 in Abu Sennan

UOG Commences Production from ASD-2 in Abu Sennan

United Oil & Gas has announced that it started production from the ASD-2 well at an initial rate of c. 2,100 barrels of oil equivalent per day (boe/d) gross and c.462 boe/d net, according to a press release.

The company said that this production rate came above the pre-drill expectations, adding that it took just six days from well completion to production and revenue generation for United.

It noted that it will start drilling the second well in its 2022 drilling program, ASV-1X, during the upcoming days. “A rig has been mobilized to drill the second well in the 2022 drilling program,” the company said.

UOG declared that it added a fifth firm well to its 2022 drilling program after the completion of technical work and a sustained high oil price.

United’s Chief Executive Officer, Brian Larkin commented “This is another fantastic drilling result, significantly above our pre-drill expectations. The ASD-2 well is the eighth consecutive successful well at Abu Sennan since we acquired the licence in 2020 […… ] As previously announced, the ASD-2 development well was interpreted to have encountered at least 25.5 meters of net oil pay across the Abu Roash and Bahariya reservoirs. Twenty meters of high-quality net pay was interpreted in the Abu Roash-E (AR-E) reservoir, significantly above pre-drill expectations. The AR-E reservoir was tested with flow rates of 4,076 bopd and 3.1 mmscf/d gas (c. 4,703 boepd gross; 1,035 boepd net) achieved on a 48/64″ choke and 2,299 bopd and 1.7 mmscf/d gas (c.2,646 boepd gross; 582 boepd net) achieved on a 32/64″ choke.”

ASD-2 well is located in the Abu Sennan licence, onshore Egypt which is operated by Kuwait Energy Egypt and UOG holds a 22% share of it.

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