UK Onshore

UK Onshore (26.25% working interest) PL090

Waddock Cross

PL090 includes the Waddock Cross oil field. The field was discovered in 1982 by British Gas with the WX-1 Well which encountered 22 metres of 29 API oil in the Jurassic Bridport Sandstone at a depth of c. 610 m TVDss.  Egdon spud the WX-2 well in 2003, and completed it in January 2004. WX-2 also encountered a 22 metre thick oil column. Following acquisition of 3D seismic survey over the area, the WX-3 well was drilled as a horizontal appraisal well in 2005. The field was put onto production in 2013 through WX-2, but was shut-in in 2014 due to high water cut from this well.

The Operator Egdon Resources coordinated the completion of reservoir modelling work on Waddock Cross. The Operator estimates that Waddock Cross contains a significant Stock Tank Oil Initially in Place (STOIIP) volume of 57 mmbbls, and that a new horizontal well could yield commercial oil production of 500-800 bopd and c. 1 mmbbls recovery per well.

As of 31 October 2023, the Operator Egdon advises that they are progressing plans for restarting production at Waddock Cross.

Waddock Cross licence

Interest:

26.25%

Operational Phase:

Development

Operator:

Egdon Resources

 


c. 57 mmbbls

of Stock Tank Oil Initially in Place (STOIIP) (Operators latest estimate, April 2023)