Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

UKOG finds proof of “continuous oil accumulation” at Sussex site

UKOG executive chairman Stephen Sanderson
UKOG executive chairman Stephen Sanderson

UK Oil and Gas Investments (UKOG) has confirmed plans for two further drilling sites in Sussex.

The London-listed firm says the Broadford Bridge-1/1z (BB-1/1z) exploration well has found proof of a “continuous oil accumulation” in the area.

That’s within the “Kimmeridge Limestone” (KL) geological concept, which UKOG says is now proof of a fracture network capable of delivering oil to the surface without significant stimulation.

UKOG says a drilling campaign is scheduled for next year within its PEDL234 license, with the oil deposit thought to have a 30km north-south extent.

Executive chairman Stephen Sanderson said: “Armed with the knowledge gained from BB-1/1z that the KL oil deposit’s prime sweet-spot straddles the central sector of our extensive PEDL234 licence, the Company has accelerated its future KL drilling plans to include two new firm drilling sites.

“ These will see the KL tested in the thickest, deepest and most oil generative areas of the play in PEDL234. We plan to submit a new planning application by Q3 this year and, subject to obtaining the necessary consent, our next PEDL234 well will be drilled in 2019, following the forthcoming testing and drilling campaign at our Horse Hill discovery.

“As our understanding of the KL deposit progresses, we are exploring new methods and technologies that might enable us to achieve higher sustainable oil rates and commercial viability from the 1400 vertical feet of oil-saturated KL reservoir rock interpreted at BB-1z and our future KL wells. Consequently, BB-1/1z has been “suspended” to permit a future re-entry and/or sidetrack.

“Our 2018 KL focus will now move firmly upon our Horse Hill Portland and KL discoveries where the forthcoming series of long term extended well tests and appraisal drilling will occupy the remainder of this year.”

Recommended for you

Tags

More from Energy Voice

Latest Posts