Europa Oil & Gas has a 30% working interest in licence PEDL 180 in the East Midlands which holds the Wressle oil discovery, alongside Egdon (operator, 30%), Union Jack Oil (27.5%), and Humber Oil & Gas Limited (12.5%).
The withdrawal of the Council’s case in respect of the Appeal remains subject to the agreement of acceptable planning conditions. The partners welcome the Council’s decision and look forward to continuing supporting Egdon, in its capacity as operator of the licence, as it seeks to obtain planning permission via appeal and prepares to present the case for the development of the Wressle oilield to the independent professional Planning Inspector in November 2019.
The Wressle oil field was discovered in 2014 by the Wressle-1 well. During testing, a total of 710 boe/d were recovered from three separate reservoirs, the Ashover Grit, the Wingfield Flags and the Penistone Flags. In September 2016, a Competent Person’s Report provided independent estimates of reserves and contingent and prospective oil and gas resources for the Wressle discovery of 2.15 million stock tank bbl classified as discovered (2P+2C). Under the proposed development plan, Wressle would commence production at an initial gross rate of 500 bpd. At this rate, Europa’s existing UK onshore production would double to over 200 bpd.
Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/29072019/north-lincolnshire-council-will-not-give-evidence-at-inquiry-into-wressle-oilfield-development/
You might also like
By implementing the company’s CwD services, Hunt Oil reduced the number of runs required, with a saving on time and cost.