RE: Finance wizrd5 Oct 2019 14:08
Phil
You may wish to check the history of onshore oil wells which go back far further. Only one field has produced oil of any significant quantity. Wytch Farm is a way ahead but the majority of its oil comes from offshore and the extended reach wells that have been drilled. Unfortunately Perenco, the current owners, are an independent oil and gas company so not much is known apart from the fact they are producing 50k tonnes a month of crude (365,000 barrels).
You may also wish to check how recent oil wells drilled are performing.
www.ogauthority.co.uk/media/6048/copy-of-landwells-30-september-2019.xlsx