United Oil & Gas plc marked its second successful well of 2023 with the ASD-3 well interpreting 12.5 metres of net oil pay across the Abu Roash reservoir targets at Abu Sennan, onshore Egypt.
ABU ROASH RESERVOIRS
ASD-3 development well was drilled 1.2km northwest of the ASD-2 well and reached total depth of 3,683m on 8 May.
Tests show that the well is interpreted to have encountered 3m of net pay in the Abu Roash C reservoir (AR-C) and 9.5m of net pay in the Abu Roash E (AR-E), in line with pre-drill expectations.
The company said that production would begin from one reservoir and then, once depletion has occurred, from the other.
The JV will decide in the coming days which reservoir to bring first on stream. United expects an initial gross rate production of between 500 and 600 bopd.
LONG-TERM POTENTIAL
“The ASD-3 well has also proven up the connectivity of the AR-E reservoir across the ASD Field which has positive implications for the in-place oil volumes in the AR-E reservoir and ultimate potential recovery from the field,” added the company.
“The outcome from the well is consistent with the performance we have seen to date from the ASD-2 well, which came onstream in March 2022 , and which has so far produced over 400,000 barrels of oil.
“This result also supports the JV view that there is long-term production potential in both the AR-C and AR-E reservoirs of the ASD field.”
H2 WORK
The partners will complete evaluation of H1 drilling activity before announcing drilling plans for the remainder of 2023.
Chief executive officer Brian Larkin said that the JV’s workover programme continued on the licence to deliver optimum production from all of our existing wells.
United holds a 22% non-operating interest in the Abu Sennan licence, which is operated by Kuwait Energy Egypt.