UOG’s ASH-4 Well to Reach TD Soon

UOG’s ASH-4 Well to Reach TD Soon

United Oil & Gas company stated that it expects to drill the ASH-4 well to its total depth (TD) during the coming days after which it will be tested and completed.

The company added that the well is expected to be immediately brought onstream through the existing ASH facilities. After the completion of ASH–4 drilling, the ST-1 rig will be used to start drilling at the ASW-1X location targeting c. 8 million barrels (mmbbls) of gross recoverable resources.

On this occasion, UOG’s CEO, Brian Larkin commented “The ASH-4 well result marks a successful return to drilling on a prolific area of the Abu Sennan licence.  Based on the initial petrophysical interpretation we expect that this well will deliver a material increase to current production levels. The updated technical information from this well, and the three other producing ASH wells coupled with the reprocessed seismic, is expected to further enhance our understanding of the field which will support the optimisation of the recovery of the material reserves and value. This provides further encouragement for the forthcoming exploration well and the remainder of our 2022 work programme.”

 

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