Monday, 28 March 2016

BRITAIN STRIKES BLACK GOLD



 
 

The Gatwick Gusher has produced the highest flow rates of any onshore wildcat well in the UK, matching the kind of levels normally seen in the North Sea, its majority owner UK Oil & Gas said. The exploration company said it had completed its final test at Horse Hill, just north of Gatwick Airport, and that the aggregate flow from three layers of oil-bearing rock had been 1,688 barrels per day. “The flow test results are outstanding, demonstrating North Sea-like oil rates from an onshore well,” said UKOG executive chairman Steve Sanderson. “This simple vertical well has achieved an impressive aggregate oil rate equivalent to 8.5 per cent of total UK onshore daily oil production. --Nick Goodway, The Independent, 22 March 2016

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