UK Oil & Gas plc (UKOG) has begun construction of the drilling pad and access road for Pinarova-1 shallow oil exploration well on the joint venture Resan licence in Siirt province, Turkey. PINAROVA-1 Pinarova-1 lies 6km north of the Basur-1 oil discovery. The well is designed to test whether the active 41.7˚ API light oil seep is […]
Tag: UK Oil & Gas plc (UKOG)
UKOG secures rig to drill Pinarova-1 shallow oil exploration well at Resan
UK Oil & Gas plc has secured a small rig to drill the new Pinarova-1 shallow oil exploration well at the joint venture (JV) Resan licence in the Siirt province, southeast Turkey. PINAROVA The company will test shallow Eocene Hoya light oil prospect across some 9km² and 300-645m below surface. Pinarova lies beneath an active […]
UKOG installs new boreholes for water re-injection
UK Oil & Gas plc has progressed its planned Horse Hill-2z (HH-2z) Portland formation water reinjection project in Surrey with the installation of three, shallow, groundwater monitoring boreholes. REDUCE COSTS The water injection programme aims to reduce the field’s operating costs by some £250,000 per year by eliminating “the substantive costs of tankering and disposing produced […]
UKOG targets 2026 for Loxley production and sales
UK Oil & Gas plc has targeted 2026 to produce and sell gas from its 100% owned PEDL234 licence – Loxley – in Surrey. TIMETABLE The news follows publication of a competent persons report (CPR) for “one of the UK’s largest onshore gas discoveries” at 31 billion cubic feet 2C recoverable gas within the licence. […]
UKOG looks to offer support following Turkey earthquake
UK Oil & Gas plc (UKOG) today said it would look at ways of offering support in the wake of the earthquake in Turkey. “[The company] is deeply saddened by the terrible earthquake and unfolding humanitarian tragedy in southern Turkey,” added UKOG in a statement. The company’s Resan licence area is some distance from the […]
UKOG to progress Loxley appraisal well
UK Oil & Gas plc (UKOG) has received regulatory consent for a modified retention area at PEDL234 Loxely gas field in Surrey. APPRAISAL WELL The company said yesterday that the North Sea Transition Authority (NSTA)’s approval will allow it to focus on accelerating its planned appraisal campaign of its 100%-owned gas discovery. UKOG has agreed […]