Doriemus: UK Govt Approval Granted to Flow Brockham Well

 

 

 

Doriemus: UK Govt Approval Granted to Flow Brockham Well

UK Govt Approval Granted to Flow Brockham Well Brockham Oil Field, Weald Basin, UK Highlights:UK Government approves Field Development Plan for Brockham Oil Field.

Oil and Gas Authority (OGA) approval for flowing oil and gas from Brockham- X4Z well from the Kimmeridge oil bearing formation. X4Z Well will initially produce from a 200m interval of a naturally fractured section of a 385m thick zone of the Kimmeridge.

Well will be placed on production once an connection to the UK’s National Grid is installed for the distribution of excess power generated from the onsite electrical turbine run by all produced gas from the wells. Doriemus plc is pleased to announce that it has been informed by the operators of the Brockham Oil Field, Angus Energy Plc (the “operator”), that it has received final approval from the UK Government’s Oil and Gas Authority (“OGA”) for its Field Development Plan Addendum at the Brockham Oil Field (Production License PL235).

David Lenigas, Doriemus’s Executive Chairman, commented; “This is excellent news for the Brockham Oil Field. We at Doriemus now have a great deal of activity happening at both our Brockham and Lidsey Oil Fields and will soon be conducting the extended well testing programme at the Horse Hill -1 “Gatwick Gusher” well as announced last week.The Brockham Oil Field is a fully permitted production licence and sits immediately north-west of the Horse Hill licences, in which Doreimus holds an interest.

This OGA approval is the final regulatory consent needed to begin production from the Kimmeridge layers in well BR-X4Z (“X4Z”).

The X4Z Well will inititially produce from a 200 meter (“m”) naturally fractured section of a 385m thick Kimmeridge interbedded shale and limestone layer. Further technical quidance can be found in the Company’s news release on 3 March 2017. In Summary from the 3 March news release stated:

“The Brockham-X4Z well, drilled to a total depth of 1,391m, was planned to evaluate the Portland, Corallian and Kimmeridge formations at Brockham including an evaluation of the Kimmeridge reservoir that had been demonstrated by the Horse Hill discovery 8 km to the South. The operator of the well at Horse Hill has announced cumulative production rates of over 1,500 barrels per day in short term testing. The Brockham X4Z well was intended to establish whether the evidence of a potential reservoir reported at Horse Hill extended further North into the Brockham Licence.

The operator announced that the preliminary results from Brockham X4Z confirm very similar thickness of reservoir and properties to those reported at Horse Hill. The gross thickness of Kimmeridge in Brockham X4Z is some 385m thick.

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