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Monday, January 31, 2022
United Oil & Gas PLC announced the spudding of the ASD-2 development well in the Abu Sennan license, onshore Egypt. Following mobilization of the ECDC-6 rig to site, the operator Kuwait Energy Egypt (KEE), notified the Joint Venture partners that the 2022 drilling program has now commenced with the ASD-2 development well.
This well is a follow-up to the successful ASD-1X exploration well drilled in 2021 which was a commercial discovery and tested the Lower Bahariya and ARC reservoirs. ASD-2 is targeting the north-western culmination of the ASD structure and will seek to prove up the gross upside volumes in the Abu Roash C reservoir, estimated by the Operator at 5.5 mmbbls, STOIIP, accelerate production from the field, and test a secondary target in the Abu Roash E reservoir. The well can be quickly tied into existing facilities, adding additional production and revenue for the company
The ASD-2 well is the first well in the fully funded four well Abu Sennan 2022 drilling program. United holds a 22% working interest in the license, which is operated by Kuwait Energy Egypt (KEE).
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