Union Jack Oil plc said it had encountered quality reservoir with two potential further secondary intervals in the joint venture Taylor 1-16 well in Seminole County, Oklahoma, USA.
OBJECTIVE
Operator Reach Oil and Gas Inc drilled the well to a total depth of 4,577 feet, reaching the target Hunton Limestone interval at 4,168ft.
The interval was “confirmed to be hydrocarbon-bearing and appeared highly porous and permeable”.
Reach has run and cemented the production casing and released the rig and is now planning completion due to begin in early December 2024.
Two other potential secondary intervals observed, the Cromwell Sand and Misener Sand, and will evaluated at a later date, with both zones producing “well” in the immediate area.
“Following the drilling of Taylor we are very encouraged by both the reservoir quality and hydrocarbon indications we have encountered in the Hunton interval, the main objective,” added executive chairman David Bramhill.
Union Jack holds a 45% working interest while Reach owns the remainder.
In its onshore UK interest at Keddington in Lincolnshire site improvements continue before the expected restart of production in late 2024.