United Oil & Gas plc reported potential “significant near-term” returns from contingent resources on the Maria discovery within licence P2519 in the UK Central North Sea (CNS). MARIA The company’s 100% owned licence P2519 includes blocks 15/18e and 15/19c and covers some 225 km2. The licence contains the existing Maria discovery in the Forties Sandstone, […]
Tag: United Oil & Gas plc
United finds no hydrocarbons in ASW-1X
United Oil & Gas plc noted no hydrocarbons following completion of drilling operations on the ASW-1X exploration well at the Abu Sennan joint venture (JV) licence, onshore Egypt. RESULTS Operator Kuwait Energy Egypt (78%) drilled the well to a total depth of 3,640 metres, 10 days ahead of schedule and under budget. “Although the well […]
United spuds fifth and final 2022 well at Abu Sennan
United Oil & Gas plc’s joint venture partner has spud the fifth and final well for the companies’ 2022 drilling campaign on the Abu Sennan licence, onshore Egypt. ASW-1X EXPLORATION WELL Operator Kuwait Energy Egypt began drilling ASW-1X exploration well, targeting un-risked mean recoverable resources estimated by United at c. 8 mmbbls gross in multiple […]
United lowers guidance after ASH-4 flow rates fall and workovers delayed
United Oil & Gas plc today said that a decrease in flow rates from the ASH-4 well and delayed maintenance workovers had reduced production guidance at Abu Sennan, onshore Egypt. ASH-4 OIL VOLUME The ASH-4 step-out well previously encountered 20 metres of net pay through the primary Alam El Bueib (AEB) reservoir target and was […]
United to bring ASH-4 on stream at Abu Sennan
United Oil & Gas plc said it expected to bring on stream the ASH-4 development well in the Abu Sennan joint venture (JV) licence onshore Egypt. ASH-4 ASH-4 is a step-out development well in the ASH field reached total depth of 4,000 and encountered 20 metres of net pay through the primary Alam El Bueib […]
United expects ASH-4 to deliver material increase to production at Abu Sennan
United Oil & Gas plc said it expected that the ASH-4 well currently being drilled would deliver a material increase to production in the Abu Sennan licence, onshore Egypt. OPERATIONS The company holds a 22% non-operating interest in the joint venture with Kuwait Energy Egypt as operator. Operations on ASH-4, a step-out development well into […]