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, […]
Tag: Rathlin Energy (UK) Ltd
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 […]
Drilling, production and more time granted for West Newton JV
Rathlin Energy (UK) Ltd has been granted permission for drilling, production and more time for further exploratory drilling at its West Newton oil and gas joint venture in East Yorkshire. APPLICATIONS The operator can conduct drilling and production at the West Newton A site for 20 and have a further three years for further exploratory […]
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 […]
Rathlin to request more time to drill at West Newton B
Rathlin Energy (UK) plc said it would apply for more time to drill and test the second well at West Newton B in East Yorkshire. ORIGINAL DEVELOPMENT The company’s current planning permission states that operations must be completed by April 2022. The original development approved was for two wells to be drilled and tested. DATE […]