Union Jack Oil, a company focused on onshore hydrocarbon production, development, exploration, and investment in the UK and USA, has shared a promising drilling update regarding the Taylor 1-16 well in Seminole County, Oklahoma. Union Jack holds a 45% working interest in the well. Drilled to a total depth of 4577 feet, the well encountered the Hunton Limestone interval at 4168 feet, which has shown strong hydrocarbon indications and is expected to be highly porous and permeable. The well has been cased and cemented, with the rig now released. The completion programme is set to begin in early December 2024, managed by the technical team at Reach Oil and Gas Company Inc., the well’s operator.
The well also revealed two additional potential intervals, the Cromwell Sand and Misener Sand, which will be further assessed in due course. These secondary intervals have demonstrated promising production in the nearby region.
David Bramhill, Executive Chairman of Union Jack, expressed his optimism following the drilling of Taylor. He highlighted the encouraging signs from the Hunton interval and the potential for further exploration in the Cromwell and Misener Sands. He also noted positive developments in the UK, where Union Jack has generated over US$22 million in revenue from its 40% stake in the Wressle project. Furthermore, progress continues on site improvements at the Keddington asset, where Union Jack holds a 55% interest, with production expected to begin soon. The company looks forward to providing further updates on the Taylor well after the completion phase.
Union Jack Oil is seeing significant developments in both the US and UK operations, with promising results from the Taylor well and ongoing improvements to other production assets.
