Wressle-1 well resumes production after installation of down-hole jet pump

The Wressle-1 well has been brought back into production at the joint venture within PEDL180/192 oil field in Lincolnshire.

Project partners comprise operator Egdon Energy plc (30%), Union Jack Oil plc (40%) and Europa Oil & Gas (Holdings) plc (30%).

Union Jack and Europa said that the down-hole jet pump, installed in October, and associated surface equipment was operating.

Since production resumed, W1 has produced at gross rates of more than 950 bbls of oil per day compared with approximately 750 bopd prior to the jet pump.

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
X
LinkedIn
Union Jack Oil

More articles like this

Union Jack Oil

Oil prices edge up amid strategic reserve plans

Oil prices showed an increase on Tuesday after a significant drop of 6% in the prior session. The rise came as the United States outlined a plan to purchase oil for its Strategic Petroleum Reserve (SPR),

Union Jack Oil

Oil prices recover after sharp decline

Oil prices experienced a modest recovery in Asian trading on Monday, following a significant drop of more than 7% last week. The fall was driven by concerns over weakening demand in China, the world’s largest oil

Union Jack Oil

Oil prices rise amid escalating Middle East tensions

Oil prices climbed for the second straight session on Monday, fuelled by worries over potential disruptions to supply in the Middle East. This followed intensified Israeli attacks on Hamas, as well as other Iranian-backed forces in

Union Jack Oil

Oil prices rise amid Middle East tensions and US rate cut

Oil prices experienced an increase on Monday, driven by growing fears that the escalating conflict in the Middle East might impact the region’s oil supply. At the same time, there is optimism that last week’s decision

Union Jack Oil

Oil prices surge amid OPEC+ speculation

Oil prices increased on Thursday, driven by speculation that the OPEC+ group might delay planned production increases. This potential shift has heightened concerns about supply constraints, further boosting oil prices. The ongoing fears of a recession

Union Jack Oil

Oil prices climb amid reduced recession fears

Oil prices continued their upward momentum for the fifth consecutive session on Monday, building on the previous week’s gains of over 3%, as concerns about a US recession subsided and ongoing geopolitical tensions in the Middle