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On a "significantly restricted choke setting" with high wellhead flowing pressure.
Proper encouraging that! :-)
"I also can see that is on a restricted choke."
How? have you stuck your Heid down the well?
Hahahaha. Proper funny that :) :)
21 September 2021
Union Jack Oil said there had been 'highly encouraging progress at the Wressle development in North Lincolnshire, of which it had a 40% stake.
Instantaneous flow rates from the Ashover Grit reservoir of 884 barrels of oil per day were achieved on a
"significantly restricted choke setting"
with high wellhead flowing pressure, the company said.
It added that 480,000 cubic feet of gas was produced per day, or around 80 barrels of oil equivalent per day, plus in excess of 950 barrels of oil equivalent per day achieved.
The flow potential of Wressle remained to be fully tested, Union Jack said.
Story provided by StockMarketWire.com
Do not reply.
Office closed x
So tough they awarded West Newton an Biscathorpe 'AA' Carbon Intensity study. This is the seal of approval for successful oil an gas companies in today's energy transition.
I would hardly call potentially the biggest oil an gas find in the UK 'small fish'
Two mentions as well of the H2H Saltend Chemical plant that I have noted for our gas...
https://twitter.com/Heid_oil/status/1442748833889497092?s=20
Do not underestimate David, he is well ahead of the game here imo !!
"I also can see that is on a restricted choke."
How? have you stuck your Heid down the well?
Going to Gaffney Cline is .. brave.
They have reputation to keep for Unbiased analysis and the likes of UJO are very small fish compared to their main clients. I understand they can be VERY tough if they don't like anything. The question is will UJO publish the whole CPR in full or will be get a an agreed "letter" with only the conclusions ... and any bodies carefully buried.
Now I remember your misleading post on 'permeability' I had to correct that was wrong, RNSTranslator.
FACT
You see
'Sun shining on the rig at West Newton A today. A hive of activity!'
from the new Union Jack twitter site
V
Brobberspam
@Brobberspam126 Sep#ujo @UnionJackOil#rbd @ReaboldPLC #westnewton
'here you go, no one working all ****** it's fooked'
You can see the difference surely RNSTranslator ?
Cuts out the Bul1 sh(1) te for us true investors or those with an agenda to bring down the company.
I saw three tankers on this tweet :
https://twitter.com/UnionJackOilplc/status/1442602557885632515?s=20
I also can see that is on a restricted choke.
New equipment coming in to improve flow.
I am not sure what you are trying to say here RNStranslator but Wressle is doing fantastic now an in my eyes will only improve.
So they’ve commissioned a new cpr.. and you’ve seen it have you??
Peolple normally invest on what the company has published and signed off on, not what you want to be the outcome… if the recoverable numbers change then we can recalculate. But quite simply people are throwing around grossly exaggerated revenue numbers that are not related to reality… happy for any of the rampers to demonstrate where their numbers come from, but strangely enough they don’t want to do that…wonder why…!!
You again RNSTranslator...
Right.
https://unionjackoil.com/#ujocorpres2021
Click on today's new corporate presentation and you will see at 1:32 it quite clearly states that Gaffney Cline have been commissioned to prepare an updated CPR for Wressle.
Now like it or not, Wressle is an absolute star and will continue to grow an be EXTREMELY profitable for Union Jack Oil.
You forget that the current reservoir has 260/560k bbls of oil gross recoverable. That’s from the CPR.
The Pstone flags will not be developed from this well and will require a new production well. “The development of the P flags will require careful positioning if any future well to optimise oil production …”
The Pstone flags flowed at “ a facilities restricted gas rate of 1.7mmscfd plus 89 bopd..” and on the EWT it “flowed 131bopd and 222k scfd of gas.”
So the Pstone has got 680k 1c or 1.5mm bbls 2C plus 0.8 to 2bcf of gas. “
You guys may complain but these are the numbers from the company and the cpr… if you don’t like them or understand them then perhaps you should stop mouthing off because you don’t believe the companies own figures…
Thrambee 2m at 500bopd is 4,000 days or just over 10 years.
Just for clarity how long would expected reserves last on present extraction?