Page 14 - AfrOil Week 38 2021
P. 14

AfrOil                                      NEWS IN BRIEF                                              AfrOil









       UPSTREAM                            pleased to be planning the drilling campaign for  desired result. DPR cannot sit back and watch
                                           next year and beyond. Plans are continuing to  the danger the existence of these illegal facilities
       United Oil & Gas provides           progress on finalising the additional develop-  portends to the lives and property of citizens.
                                           ment well that has been added to the 2021 drill-
                                                                                This necessitates our going out as the situation
       update on ASX-1X well               ing programme. The continued investment in  arises, to enforce provisions of the relevant laws
                                           Abu Sennan by the JV partners is testament to  and regulations for construction and operation
       and 2022 Egyptian                   the potential which exists within the licence, and  of petroleum products facilities in the down-
                                           we look forward to updating shareholders as we  stream sector,” she said.
       drilling programme                  receive further results from the continuing 2021   been engaging illegal petroleum product facility
                                                                                  She said that DPR, as a business enabler, had
                                           campaign.”
       AIM-listed United Oil & Gas has announced an   United Oil & Gas, September 21 2021  owners to come and be guided on how best to
       update on the drilling of the ASX-1X exploration                         regularise their businesses and operate legally in
       well in the Abu Sennan licence, onshore Egypt.                           a safe environment.
         Highlights: ASX-1X exploration well   DOWNSTREAM                         The zonal operations controller called on all
       encountered at least 10m net pay in a number                             illegal facility operators to come forth and reg-
       of oil-bearing reservoirs; Completion of the well   DPR seals 11 illegal gas   ularise their operations by obtaining the neces-
       and well-testing is now planned, and if success-                         sary license to operate from DPR. This, she said,
       ful, will be followed by an application to Egyptian   plants and two filling   would ensure protection of investor’s assets and
       General Petroleum Corp. (EGPC) for a develop-                            safety of lives and property.
       ment lease.                         stations in Abuja                      NAN also reports that team visited seven
         The ASX-1X well is located 7km to the north                            fillings stations and sealed 18 petrol pumps for
       of the producing Al Jahraa Field. It safely reached  The Department of Petroleum Resources (DPR),  sharp practices.
       a Total Depth of 4,272 metres, several days ahead  in Abuja, on Thursday sealed 11 illegal gas plants   DPR, September 17 2021
       of schedule and under-budget. Preliminary  and two filling stations over sharp practices. The
       interpretations suggest the well encountered at  News Agency of Nigeria (NAN) reports that the
       least 10 metres net pay across a number of res-  LPG plants and the filling stations visited are   SERVICES
       ervoir intervals, including the primary reservoir  located in Karimo, Gwagwa, Games Village kuje
       targets of the Abu Roash Formation. Evaluation  and Gwagwalada.          TMC Compressors wins
       of the well data is continuing, and a comprehen-  The LPG operators were said to be operat-
       sive plan for testing and completing the well is  ing illegally, while the two petrol stations were   contract for Woodside
       now planned. If successful, this will be followed  sealed for operating without license. Wilkie
       by an application to EGPC for a development  Roselyn, DPR Abuja Zonal Operations Control-  Sangomar FPSO
       lease.                              ler, said that efforts to get the illegal operators to
         The ASX-1X well was drilled by the EDC-50  regularise their businesses failed to yield result.  TMC Compressors (TMC) has been contracted
       rig. It is the second exploration well to be drilled  “In today’s exercise, 11 illegal LPG plants were  to supply the marine compressed air system for
       in 2021, adding to our subsurface understand-  raided in collaboration with the Nigeria Security  the Woodside Sangomar FPSO.
       ing, and providing further confidence in the  and Civil Defence Corps (NSCDC); some per-  TMC will deliver a large marine compressed
       exploration potential of the Abu Sennan licence.  sonnel of these illegal facilities were arrested and  air system to Woodside Sangomar FPSO which
         2022 Drilling Programme: As part of the  they have been handed over to security oper-  is currently undergoing conversion from a very
       long-term planning to realise the full potential  atives for prosecution. All our effort to get the  large crude carrier (VLCC) to a floating, pro-
       of the Abu Sennan licence, the Company met  attention of the illegal facility operators with the  duction, storage and offloading vessel (FPSO) at
       the operator recently to discuss an indicative  view of regularising their business failed to yield  COSCO shipyard in Dalian, China.
       drilling programme for 2022 and beyond. This
       programme will include development wells
       to maintain production and exploration wells
       that have the potential to deliver large reserve
       and production upside, starting with an initial
       programme of four wells in 2022. The planned
       investment demonstrates the exciting future
       potential that is recognised within Abu Sennan.
       We look forward to building on the impressive
       returns to date and maximising output from this
       licence in the years to come.
         United’s CEO Brian Larkin commented:
       “Today’s announcement is the fourth positive
       well result from Abu Sennan in 2021. With the
       well testing set to begin shortly, we look for-
       ward to understanding the full potential of the
       ASX-1X well. This is the second exploration
       well drilled in 2021 on Abu Sennan and gives us
       further confidence in the value of the remaining
       exploration potential of the licence. We are also



       P14                                      www. NEWSBASE .com                      Week 38   22•September•2021
   9   10   11   12   13   14   15   16   17   18