Horse Hill Developments Ltd has submitted a planning application to Surrey County Council seeking permission to conduct further significant appraisal testing and drilling at the Horse Hill-1 oil discovery, located in License PEDL137, close to Gatwick Airport.
Subject to the required regulatory approvals, the first phase of the proposed development is planned to consist of the extended production testing of four zones, designed to confirm the commerciality of the discovery, and to examine a previously untested Kimmeridge limestone.
The planning application also seeks permission for a two-well drilling phase, which contingent upon successful testing, will further appraise the extent of the oil accumulations and the field's production capabilities. The proposed drilling phase includes plans for a deviated sidetrack, HH-1z, to be drilled from the existing HH-1 borehole, together with a new well, Horse Hill-2. On completion of drilling, both the HH-1z and HH-2 are planned to be long-term production tested.
"This planning application, together with our recent Markwells Wood appraisal and development planning application, is firmly designed to move these assets into near term oil production and the monetization of our core recoverable resources,” said UKOG Executive Chairman Stephen Sanderson, whose company holds a 31.2 percent interest in PEDL137.
“It is also one of the next key steps in furthering our industry leading knowledge of the Kimmeridge limestone play that lies beneath our extensive acreage holding in the Weald. We look forward to further engaging with stakeholders and to a successful planning outcome,” he added.
The HH-1 oil discovery achieved an aggregate stabilized flow rate of 1,688 barrels of oil per day from two Kimmeridge limestones plus the overlying Portland sandstone.
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you