Oil & gas field profile: Wressle Conventional Oil Field, UK

Wressle is a producing conventional oil field located onshore the UK and is operated by Egdon Resources U.K. According to GlobalData, who tracks more than 34,000 active and developing oil and gas fields worldwide, the field is located in block SE90 ALL, SE91b ALL, and SE90a ALL.

Field participation details

The field is owned by Egdon Resources, Europa Oil & Gas (Holdings) and Union Jack Oil.

Production from Wressle

The Wressle conventional oil field recovered 44.39% of its total recoverable reserves, with peak production in 2021. The peak production was approximately 0.46 thousand bpd of crude oil and condensate. Based on economic assumptions, production will continue until the field reaches its economic limit in 2029.

Union Jack Oil plc (LON:UJO) is an onshore oil and gas exploration company with a focus on drilling, development and investment opportunities in the United Kingdom hydrocarbon sector.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn
Union Jack Oil

More articles like this

Union Jack Oil

Oil prices steady as investors await key data

Oil prices were little changed on Tuesday as investors waited on data this week, including U.S. inflation indicators and a monthly report from the Organization of the Petroleum Exporting Countries. Brent crude futures fell 18 cents

Union Jack Oil

Union Jack Oil declares Dividend of 0.25 pence per share

Union Jack Oil plc (LON:UJO; OTCQB:UJOGF), a UK and USA focused onshore hydrocarbon production, development, exploration and investment company, has announced, further to its notification of 17 April 2024, the details of a dividend payable to shareholders. The

Union Jack Oil

Union Jack appoints Craig Howie as NED

Union Jack Oil plc has appointed Craig Howie as an independent non-executive director, with effect from 22 April 2024. He will be chairman of the audit committee and member of the remuneration committee when current NED