United Oil & Gas plc announced an increase in production during the first quarter of 2021 at Abu Sennan, Egypt.
The company’s Q1 2021 net working interest production averaged 2,520 boepd (2,053 boepd oil and 467 boepd gas).
The figure is slightly above the previously provided guidance for H1-21 of between 2,300 and 2,500 boepd and is a 12% uplift compared with Q4 2020.
The increase was largely driven by the additional production in Egypt through the ASH gas pipeline and more recently from the ASH-3 well, which has been producing at an average of over 4,000 boepd (880 boepd net) since coming onstream on 5 March.
All of United’s production for the period was from the Kuwait Energy Egypt-operated Abu Sennan licence, in which United holds a 22% working interest.
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