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 markets edge up as investors weigh China’s growth promise

Oil prices gained modest ground as 2025 began, reflecting cautious optimism among investors analysing China’s economic outlook and fuel demand. A commitment from Chinese President Xi Jinping to implement growth-focused policies has prompted speculation about potential

Union Jack Oil

Positive steps forward for Union Jack Oil

Union Jack Oil plc announced encouraging developments in the Taylor 1-16 well in Seminole County, Oklahoma. The well, drilled by operator Reach Oil and Gas Inc., has revealed a high-quality hydrocarbon-bearing reservoir, with two additional potential

Union Jack Oil

Oil prices see modest recovery amid rising tensions

Oil prices experienced a slight increase on Monday as escalating conflict between Russia and Ukraine captured global attention. Brent crude rose by 55 cents (0.8%) to $71.59 a barrel, while U.S. West Texas Intermediate crude climbed

Union Jack Oil

Oil prices gain amid market uncertainty

Oil prices remained steady near two-week lows on Wednesday, with markets cautiously eyeing global demand and recent OPEC projections. OPEC reduced its growth forecasts for oil demand in 2024 and 2025, attributing the adjustment to economic

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