Egypt

UOG’s ASH-4 Production Flow Rates Reach 2,101 bbl/d

Published on : 2022-11-20

United Oil & Gas PLC (UOG) announced that the preliminary tests for its ASH-4 showed that its production flow rates reached 2,101 barrels of per day (bbl/d) of oil in addition to 3 million standard cubic feet per day (mmscf/d) from the Alam El Bueib (“AEB”) reservoir on a maximum 40/64″ choke.

In a statement, the company added that on a reduced, 32/64″ choke, which is expected to be more representative of the producing flow rates, the well flowed at 1,325 bbl/d and 1.8 mmscf/d.

UOG said that the well is expected to be tied into the existing facilities and brought on stream in the coming days and the rig will move to drill the fifth well in the company’s development program.

On this occasion, UOG’s CEO, Brian Larkin commented “We are very pleased with the news of the ASH-4 initial well test result. It is expected that the well will be brought onstream in the coming days and will immediately contribute production and revenue for the Company.”

“The ASH field has proved to be a prolific area of the Abu Sennan licence and we are pleased to be reporting this positive well test result, as we move to drill the final well of the 2022 drilling programme. This will be the ASW-1X exploration well (previously named ASF-1X) which is targeting 8mmbbls of gross recoverable resources,” Larkin added.

Related Articles

Abu Qir launches a new company with EGP10 billion investments

Abu Qir Fertilizers established a new company named North Abu Qir for Agricultural Nutrients, with an authorized capital of LE 10 billion and paid-up capital of LE 1 billion.

Read More

Egypt: Abo Qir unveils new venture at $323mln authorised capital

Both Abu Qir Fertilizers and Egyptian General Petroleum Corporation will hold a 45% stake in the venture

Read More

Egypt Gas posts 23.6% YoY growth in Q1 net profits

Established in 1983, the company is engaged in the design, installation, operation, and maintenance of natural gas distribution networks

Read More
Wintershall Deaneptune LogoSIEnppipetrojetTransGlobe SCHNEIDER-ELECTRIChempleEgypt gasNorthAlmansooriSKY CTS exxonmobilSchlumbergerhttps://www.shell.com/GascoCPC