United Oil & Gas (UOG) announced that it has encountered seven meters of net oil pay in the Primary Abu Roash C (“ARC”) reservoir while drilling Al Jahraa-14 development well (“AJ-14”) in the Abu Sennan license.
The company said that it will conduct planned testing program to include both Primary (ARC) and Secondary Abu Roash G (“ARG”) targets
UOG said in a statement that “If the testing is successful from either target, the well will be brought immediately onstream through the existing facilities, adding additional production and revenue for the company.”
AJ-14 was drilled by using Sino Tharwa-1 rig and it will be used to drill the ASH-4 development well, targeting 2.2 million barrels gross mean recoverable reserves in an undrilled compartment of the ASH Field.
Brian Larkin, CEO of UOG commented: “This is the seventh consecutive successful development well on the Abu Sennan licence since 2019. With oil prices remaining high, and the speed with which additional production can be quickly brought on stream through existing facilities, Abu Sennan’s strong cash generation and extensive reserve and prospect inventory provides a solid foundation on which to build United’s strategy.”
” We are very excited about the remaining wells in the 2022 drilling programme, with the ASH-4 development well targeting 2.2 million barrels gross before the drilling of the final well in our 2022 programme, the high impact exploration well ASF-1X which is targeting over 8 million barrels gross, ” added Larkin.