# Union Jack Oil Wressle Update PEDL180 and PEDL182

- Link: https://www.directorstalkinterviews.com/union-jack-oil-wressle-update-pedl180-and-pedl182/4121023579
- Published: 2021-09-21T07:07:12+01:00
- Author: Giles

**[Union Jack Oil](https://www.directorstalkinterviews.com/company/union-jack-oil-plc/ujo.l)
plc** ([LON:UJO](https://www.directorstalkinterviews.com/company/union-jack-oil-plc/ujo.l)),
a UK focused onshore hydrocarbon production, development and exploration company
has offered a highly encouraging update in respect of ongoing operations at the 
Wressle hydrocarbon development, located within licences PEDL180 and PEDL182 in 
North Lincolnshire, on the Western margin of the Humber Basin.

Union Jack holds a 40% economic interest in this development.

**Highlights**

· Instantaneous flow rates from the Ashover Grit reservoir of 884 barrels of oil
per day (“bopd”) achieved on a significantly restricted choke setting (30.5/64ths
of an inch) with high wellhead flowing pressure

· 480,000 cubic feet of gas produced per day (_circa_ 80 barrels of oil equivalent
per day)

· In excess of 950 barrels of oil equivalent per day achieved

· Full flow potential of Wressle remains to be fully tested

· Zero water cut

·  Revision to the Environmental Permit received, enabling the installation of a
combustion plant to facilitate gas to electric generation

· Leading energy consultancy, Gaffney Cline & Associates (“GaffneyCline”) commissioned
by Union Jack to prepare an updated Competent Persons Report

· Since being returned to production on 19 August 2021, Wressle has generated in
excess of US$480,000 net in revenues to Union Jack

Wressle has continued to exceed production expectations since the successful completion
of the coiled tubing operations on the 19 August 2021, instantaneous flow rates 
in excess of 884 barrels of oil per day (“bopd”) along with 480,000 cubic feet of
gas (c. 80 barrels of oil equivalent per day) have been achieved from the Ashover
Grit reservoir on a significantly restricted choke setting (30.5/64ths) with high
wellhead flowing pressure.  Zero formation water has been seen as the well continues
to clean up. 

Excellent flow rates are currently being recorded, however, the full flow potential
of the well remains to be fully tested due to constraints being experienced due 
to the scope of the gas handling equipment currently being used on site.  

The forward plan is to upgrade the gas handling equipment to enable increased production
volume and complete the testing of the well’s full potential before defining a plateau
production rate, matching the well behaviour to the permanent facilities, long term
operational objectives and prudent reservoir management.

**GaffneyCline**

GafffneyCline is an international energy consultancy, which has been operating worldwide
since 1962. GaffneyCline focuses solely on the petroleum and energy industry, specialising
in the provision of policy, strategy, technical and commercial assistance to governments,
financial institutions and national and international oil, gas and energy companies
worldwide. The provision of Energy Transition advice and Carbon Intensity Assessment
have recently been added as a core component of GaffneyCline`s international business(
www.gaffneycline.com).

> **Executive Chairman of Union Jack Oil, David Bramhill, commented:**
> “The Wressle well test operations continue to comfortably exceed our expectations,
> with instantaneous rates of over 950 barrels of oil equivalent per day achieved
> to date.
> “Wressle is rapidly demonstrating its deliverability and the results achieved 
> so far augur well for the future and this development is set to become a major
> contributor in the Company’s quest to achieve mid-tier status in due course.
> “Current production rates indicate that Wressle is currently the second largest
> producing oilfield, in terms of daily production, in onshore UK after Wytch Farm,
> and we are confident that the well has materially more to offer during 2021 and
> beyond.
> “The revision of the Environmental permit now facilitates the potential of an 
> additional revenue stream from electricity generation in due course.
> “In light of the excellent well delivery performance we have seen, we await with
> keen interest the results of the updated GaffneyCline Competent Persons Report.”

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