UK Oil & Gas (UKOG) has announced that following the successful completion of repair and strengthening of the access track and well pad during recent good weather, it has been advised by operator AME that perforating operations should commence towards the end of next week or by the following Monday, 22 January 2024.
PSI, the service provider of the new 7-inch perforating guns, capable of fully penetrating Pinarova's 9 5/8 inch casing, has now been mobilised and their wireline-conveyed perforating operations can start in line with the above schedule. Further updates will be issued in due course.
The new guns will be deployed over the Germik/Hoya section where strong oil odours at surface were recorded over a 12-hour period during drilling and mobile light oil was recovered from the mud pit (see RNS of 22nd September 2023). Geochemical analysis found the mud pit oil to be near identical to that found in the seismic shot hole oil seep, located around 1.5 km to the west.
UKOG holds a 50% non-operated interest in Pinarova-1 and the surrounding 305 sq km Resan licence, which also includes the as yet undeveloped Basur-1 light oil discovery.
Source: UKOG
