UK Oil & Gas announced that the Horse Hill-1 well has produced in aggregate over 50,000 barrels of oil, with the well continuing to produce from the Portland horizon at a stable rate of over 220 b/d with modest pressure drawdown. No measurable amounts of water have been produced from the well. The company clarified that 25,777 barrels of oil have been produced from the Portland horizon, with 25,094 having been produced from the Kimmeridge horizon.
11 Jun 2019
First Light
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UK Oil & Gas Plc (UKOG:LON) | 0.1 0 0.0% | Mkt Cap: 2.25m
- Published:
11 Jun 2019 -
Author:
Brendan Long -
Pages:
6
UK Oil & Gas announced that the Horse Hill-1 well has produced in aggregate over 50,000 barrels of oil, with the well continuing to produce from the Portland horizon at a stable rate of over 220 b/d with modest pressure drawdown. No measurable amounts of water have been produced from the well. The company clarified that 25,777 barrels of oil have been produced from the Portland horizon, with 25,094 having been produced from the Kimmeridge horizon.