UK Oil & Gas Submits Plan for Arreton Oil Discovery on Isle of Wight

Drilling Activity Details

Locations

United Kingdom

Post Date
Shore Type
Well Name
#3-Arreton, #3-A Arreton
Geo Coordinate

Drilling Activity Summary

Description

UK Oil & Gas has filed a planning application with the U.K. Isle of Wight Council for exploration drilling and flow testing of the Arreton oil discovery. A deviated borehole test is planned for wells #3-Arreton and #3-A Arreton and a possible horizontal sidetrack off the main borehole at #3z-Arreton or #3-A3 Arreton. The Arreton conventional oil discovery is similar to the company’s Horse Hill oil field. It contains three stacked Jurassic oil pools with a calculated, aggregate gross P50 oil in place of 127 MMbbl of oil. The planned wells will duplicate #1-A Arrenton and #2-A Arrenton discovery wells. If short-term flow testing of #3-A Arrenton indicates commercial viability, flow testing could also conducted in the planned horizontal sidetrack wells, including extended well test to assess longer-term flow performance. London-based UK Oil & Gas holds a 95% operated interest in PEDL331, which covers most of the southern half of the Isle of Wight and includes the Arreton discovery.