The main investor at the Horse Hill oil site in Surrey has announced plans for two new production wells.
A workover rig has been delivered to Egdon Resources’ Wressle oil site in North Lincolnshire to prepare the well for production.
One of the targets of the West Newton-B exploration site in East Yorkshire contained “insufficient reservoir development”, partners in the project announced this morning.
Rathlin Energy unveiled details today of an additional two proposed wellsites in East Yorkshire.
Drilling at Rathlin Energy’s West Newton B site in East Yorkshire is due to start in “the next few weeks”, one of the leading investors said this morning.
UK Oil & Gas has said it could stimulate or sidetrack its second oil well at Horse Hill in Surrey to achieve long-term production.
An oil formation in Lincolnshire, missed by a well drilled last year, could be reached by a new sidetrack, a group of companies said today.
UK Oil & Gas plc has announced it has successfully shut-off the source of formation water that entered an oil well at its Horse Hill site in Surrey.
No equipment to identify the source of formation water in the new well at Horse Hill was available in the UK or Europe until next month, the main investor in the Surrey site said today.
Shares in UK Oil & Gas plc fell 8% today following a statement on testing its new well at the Horse Hill site near Gatwick Airport.