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 […]
Tag: Rathlin Energy (UK) Ltd
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 […]
West Newton concept plan focuses on eight gas wells
The West Newton joint venture (JV) said its conceptual development plan is focused mainly on gas with eight phased wells targeting 35 million barrels of oil equivalent with 203 billion cubic feet (bcf) sales at the project in East Yorkshire. JOINT VENTURE The JV comprises Reabold Resources plc with 56% economic interest via its 59% share in […]
West Newton JV granted more time to drill
Rathlin Energy (UK) Ltd has been granted permission for drilling and production as well as more time for further exploratory drilling at the West Newton joint venture in East Yorkshire. DEVELOPMENT The operator can undertake drilling and production at the West Newton A site and exploratory drilling at the West Newton B. Partner Reabold […]
West Newton analysis shows potential ‘significant’ hydrocarbons
Investment company Reabold Resources plc said that an initial analysis of an extended well test (EWT) showed potential for “significant hydrocarbon” production at the West Newton joint venture project in East Yorkshire. EWT Operator Rathlin Energy Ltd conducted the EWT in Q4 2021 and commissioned RPS Group to produce a review assessing the potential of […]