Solo Announce Update on Horse Hill-1 Oil Discovery, Weald Basin, UK
Solo announced that it has been advised by the operator, Horse Hill Developments Limited, that light, 40 degree API, sweet oil has flowed naturally to surface from an 80-foot zone within the Lower Kimmeridge limestone interval at a depth of approximately 900 metres below ground level.
Fluid flow commenced at around 10.00am GMT yesterday at an initial instantaneous rate in excess of 700 barrels per day through a 1-inch choke, in an approximate mix of 50:50 oil to water. The well was then choked back to 32/64-inches resulting in a steady early oil rate in excess of 460 barrels of oil per day over a further seven hour period, in an approximate mixture of 99% oil and less than 1% water.
The Lower Kimmeridge flow period will continue today following an overnight shut-in. Upon completion of testing in this zone, operations will move to the shallower Upper Kimmeridge limestone and Portland Sandstone zones at approximately 840 and 615 metres below ground level, respectively.
The Horse Hill-1 discovery well, in which the original exploration drilling phase was completed at the end of 2014, is located within onshore exploration Licence PEDL137, on the northern side of the Weald Basin near Gatwick Airport. Solo owns a 6.5% interest in PEDL137.
Neil Ritson, Solo’s Chairman commented:
“Early reports from the wellsite are extremely encouraging and certainly exceed our expectations for natural flow from the Kimmeridge limestones. We look forward to more news from the final test results from the Lower Kimmeridge limestone and the remaining Portland Sandstone tests in due course.”
Source: Solo Oil plc
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