{"id":62739,"title":"UK Oil & Gas PLC (LON:UKOG) HH-2/2z Drilling Commences (“Spud”) at Horse Hill","publisher":"Share Talk","author":"sharetalk","published":"2019-09-30T07:29:53+00:00","modified":"2019-09-30T07:31:36+00:00","canonical_url":"https://www.share-talk.com/uk-oil-gas-plc-lonukog-hh-2-2z-drilling-commences-spud-at-horse-hill/","markdown_url":"https://www.share-talk.com/uk-oil-gas-plc-lonukog-hh-2-2z-drilling-commences-spud-at-horse-hill.md","json_url":"https://www.share-talk.com/uk-oil-gas-plc-lonukog-hh-2-2z-drilling-commences-spud-at-horse-hill.json","category":"Energy","categories":["Energy"],"tags":["Horse hill","UK Oil & Gas","UKOG"],"featured_image":"https://i0.wp.com/www.share-talk.com/wp-content/uploads/2023/11/Stencil-Google-Chrome-2023-04-19-at-2.47.43-PM.jpeg?fit=1231%2C615&quality=89&ssl=1","format":"news","language":"en-GB","content":"Stephen Sanderson, UKOG’s Chief Executive, commented: The spud of HH-2/2z is another UKOG landmark milestone and a key enabler towards establishing long term oil production at Horse Hill.\n\nWe are confident that the meticulously planned HH-2/2z operation, the first of two planned horizontal wells in the Portland oil pool, leaves little to chance. We look forward to a safe and successful drilling campaign and to the realistic prospect of HH-2/2z delivering a significant increase in UKOG’s net oil production and associated revenues before the end of 2019.”\n\n![](https://www.share-talk.com/wp-content/uploads/2019/09/WhatsApp-Image-2019-09-27-at-20.30.47-300x200.jpeg)\n\n**HH-2/2z Drilling Commences (“Spud”) at Horse Hill Oil Field**\n\nUK Oil & Gas PLC (London AIM: UKOG) is pleased to announce that drilling operations for its new Horse Hill-2/2z (“HH-2/2z”) Portland well commenced (“spudded”) on Sunday morning, 29 September.\n\nHH-2/2z, the first of two new horizontal wells in the field’s Portland oil pool, is designed to be retained as a future production well, capable of delivering flow rates significantly higher than the previously reported 362 barrels of oil per day (“bopd”) from the HH-1 vertical Portland discovery well. Following a planned extensive HH-2z production flow-testing campaign, both HH-2z Portland and the HH-1 Kimmeridge well are expected to be put into long term production by the end of 2019.\n\nUKOG holds a controlling 85.635% interest in the Horse Hill oil field and surrounding highly prospective PEDL137 and PEDL246 licences, which are operated by UKOG’s subsidiary company, Horse Hill Developments Ltd.\n\n![](https://www.share-talk.com/wp-content/uploads/2019/09/WhatsApp-Image-2019-09-27-at-20.30.20-200x300.jpeg)\n\n**Forward Drilling Plans:**\n\nThe HH-2 pilot, designed to acquire key geological data to ensure the horizontal is correctly positioned within the Portland reservoir, will drill ahead in 12¼” diameter hole down to around 2,000 ft below surface and will then be cased back to surface. Drilling of 8½” diameter hole and conventional coring over the full vertical extent of the Portland oil pool will then follow.\n\nUpon reaching a total depth of approximately 3,000 ft, HH-2 will be electric logged and then plugged back in preparation for the immediate start of HH-2z. The planned HH-2z trajectory, of total length of approximately 5,800 ft from surface, will contain a horizontal section of approximately 3,200 ft wholly within the Portland reservoir’s most oil-productive zone.\n\n**HH-1 Kimmeridge Flow Test Update:**\n\nFollowing last Monday’s shut-in, necessary to ensure safe rig assembly, test production from the HH-1 Kimmeridge oil pool was restarted on Saturday at initial half hourly rates of between 302-473 bopd. Kimmeridge test production is planned to continue throughout the drilling campaign.\n\nFurther drilling and testing updates will be issued in due course.\n\n**Qualified Person’s Statement**\n\nMatt Cartwright, UKOG’s Commercial Director, who has over 36 years of relevant experience in the global oil industry, has approved the information contained in this announcement. Mr Cartwright is a Chartered Engineer and member of the Society of Petroleum Engineers.\n\n \n\n "}