Equipment & Logistics News Oil & Gas

Wressle-1 resumes production with down-hole jet pump

The Wressle-1 well has been brought back into production at the joint venture within PEDL180/192 oil field in Lincolnshire. SALES Project partners comprise operator Egdon Energy plc (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%). Union Jack and Europa said that the down-hole jet pump, installed in October, and […]

Equipment & Logistics News Oil & Gas

Artificial lift aims to improve Wressle-1 production

Egdon Resources plc has started to install artificial lift on the Wressle-1 oil well to optimise production at the joint venture project in North Lincolnshire. METHOD The partners on PEDL180 and 182 comprise operator Egdon (30%), Europa Oil & Gas (Holdings) plc (30%) and Union Jack Oil plc (40%). Work began with a slickline programme and […]

News Oil & Gas

Higher recoverable oil volumes expected at Wressle

Egdon Resources plc anticipates higher recoverable volumes of oil than 2016 estimates following the late stage start of water production at the Wressle joint venture in North Lincolnshire. CPR The operator said that the start of “limited volumes” of water from the Ashover Grit, accounting for an average 3.72% of total fluid produced during July […]

News Oil & Gas

Union Jack looks to positive 2023 at Wressle

Union Jack Oil plc started 2023 with a positive trend for the Wressle onshore oil joint venture, recording material net revenues in excess of $14 million since production restarted. ZERO WATER CUT The company holds a 40% economic interest in licences PEDL180 and PEDL182 on the western margin of the Humber Basin. Partners include operator […]

News Oil & Gas

Union Jack increases share in Egdon

Union Jack Oil plc has increased its share to 3.13% in Egdon Resources, the operator of the hydrocarbon joint venture (JV) at Wressle, North Lincolnshire. NET REVENUES The news comes as Union Jack reported net revenues of US$10 million from the JV in PEDL180 and PEDL182 since the restart of production in August 2021. The […]