Stg Yet to publish RNS .15 Sep 2016 12:25
Nutech reports 282 million bbls OIP per square mile for Brockham-1 well in the UK’s Weald Basin
Doriemus PLC has announced that US-based Nutech Ltd, one of the world's leading companies in petrophysical analysis and reservoir intelligence, has independently assessed the Brockham-1 well. Drilled by BP in 1987 under UK Production License PL 235, this Weald Basin well sits approximately 6 miles north west of Gatwick Airport, with an estimated total oil in place (‘OIP’) of 281.7 million bbls of oil per sector or per square mile inclusive of all reservoirs within the well.
In comparison, Nutech’s previous reported OIP assessment of the nearby Horse Hill-1 well (HH-1), located approximately 4.5 miles from the Brockham play, reported a total of 158 million bbls OIP per square mile last year. This excluded the previously reported Upper Portland Sandstone oil discovery previously announced on 9 April 2015. The flow testing of the HH-1 well, as announce on 21 March 2016, reported a total aggregate stable dry oil flow rate of 1688 bpd from two of the three Kimmeridge Limestones and the Portland Sandstone. The pay zones successfully flow tested at HH-1 in February and March this year are similar to those seen in the Brockham-1 well.