The West Newton joint venture said that new development plans allow early production and revenue with low capital expenditure, based on the project’s feasibility study. DEVELOPMENT The West Newton A1, A2 and WNB-1z discoveries lie within licence PEDL183 in East Yorkshire. CNG Services Ltd’s study revealed that, before full field development, an initial single horizontal […]
Tag: Rathlin Energy (UK) Ltd
West Newton new plans show savings and early revenue
The West Newton joint venture said it would save costs and generate early cash flow under revised plans for PEDL183 in East Yorkshire. GAS COLUMN The licence contains the West Newton A1, A2 and WNB-1z discoveries. The new plan is to drill the proposed well WN-A3, twinned with the untested WN A-1 discovery well, during […]
Oil-based fluids to boost West Newton flow rates
Reabold Resources plc said that the Environment Agency had approved the use of oil-based drilling fluids during drilling and testing the West Newton B-2 well. FUNDING The variation of the permit for the West Newton B well site allows joint venture partner and operator Rathlin Energy (UK) Ltd to use oil-based fluids within the Permian […]
Reabold finds potentially “highly significant” Crawberry Hill
Reabold Resources plc said it had identified a significant potential discovery of Crawberry Hill in the Zechstein play region on PEDL183, in east Yorkshire. MATERIAL ADDITION The company added its priority was to develop plans to make the site, originally drilled by operator Rathlin Energy (UK) Ltd, a drill-ready appraisal opportunity. “This could add materially […]
West Newton JV commits to well path for WN B-2
Reabold Resources plc and its joint venture (JV) partners have committed to a well path for the West Newton B-2 (WN B-2) well in the East Riding of Yorkshire. JOINT VENTURE The company holds a 56% economic interest via its 59% share in operator Rathlin Energy (UK) Ltd, which has a 66.67% in PEDL183. In addition, […]
Rathlin plans to use oil-based drilling fluid at West Newton
Rathlin Energy (UK) Ltd plans to use oil-based drilling fluids after data analyses showed that the formation was “very sensitive to aqueous fluids” at West Newton A and B sites in East Yorkshire. DAMAGE The operator said that lab analyses showed that previous drilling of the West Newton wells with water-based mud had created near […]