United reports start of oil, gas production at Egypt well
London-listed United Oil & Gas on March 21 said ASH-8 well in Abu Sennan licence, onshore Egypt, has started production at an initial rate of 2,980 barrels/day and 2.64mn ft3/d gross. United holds a 22% working interest in the licence, which is operated by Kuwait Energy Egypt.
The well has now been tied into the existing facilities and brought on stream. The production from the well will continue to be monitored so that the long-term production potential can be assessed, United said.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
With the well coming onstream nearly six weeks ahead of schedule, and with rates above pre-drill expectations, the company's H1 actual production is expected to be at the upper end of the production guidance of 700-900 b/d net.
The ST-1 rig is now moving towards the ASD-3 location to drill the second development well in the 2023 drilling programme, which is expected to spud in the coming weeks.