JOG has announced the result of its Verbier sidetrack well, drilled on P2170 in the UK North Sea, as an oil discovery (JOG 18%). The Verbier sidetrack has been drilled to target reservoir up dip of the recently drilled main Verbier well, which encountered water in Upper Jurassic sandstones. The sidetrack has now been drilled to total depth, and after evaluation of logging while drilling data (including pressure data) is being reported as a discovery “in good quality sands”. There
09 Oct 2017
Oil discovery in Verbier sidetrack well
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Oil discovery in Verbier sidetrack well
Jersey Oil & Gas PLC (JOG:LON) | 162 20.3 8.4% | Mkt Cap: 52.9m
- Published:
09 Oct 2017 -
Author:
Daniel Slater, CFA -
Pages:
3
JOG has announced the result of its Verbier sidetrack well, drilled on P2170 in the UK North Sea, as an oil discovery (JOG 18%). The Verbier sidetrack has been drilled to target reservoir up dip of the recently drilled main Verbier well, which encountered water in Upper Jurassic sandstones. The sidetrack has now been drilled to total depth, and after evaluation of logging while drilling data (including pressure data) is being reported as a discovery “in good quality sands”. There