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So there was not meant to be any gas there, imagine the flow...

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    So there was not meant to be any gas there, imagine the flow rate where there is meant to be gas!!
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    But the BGS conclusion that "there is unlikely to be any shale-gas potential" in the Weald area is a major blow to ministers' wider hopes that shale could be found throughout the country.
    A first report from the geological agency last June covering the Bowland-Hodder shales under 11 counties in the north of England estimated there could be 40 trillion cubic metres of gas in the ground.
    Enormous excitement has been generated around the potential for creating thousands of jobs and possibly helping to lower soaring gas prices, which have caused widespread anger among consumers. In the US the fracking boom has cut gas prices for consumers by 70% since 2007, but few expect similar results in the UK, where a glut of gas would be easily exported.
    Asked whether shale energy had been hyped in Britain, Fallon said: "Not by the government."
    The oil industry has known since the second world war about the traditional oil reserves in the Weald area and 13 wells are currently in production.


    ASX / Media Announcement 21 November 2017
    Significant Update on Lidsey Oil Field
    -UK onshore, South of London-
    Highlights:

    Lidsey-X2 and Lidsey-X1 wells:

    Ø The down hole pump installed in the Lidsey-X2 well experienced numerous and significant gas locks causing the original equipment to cease operating.
    Ø A smaller 150 bopd pump with a 120-meter tailpipe extension was installed. This smaller pump did not gas lock or cease functioning however every six hours the rate declined drastically with bubbly oil recovered to surface.
    Ø The flow rate of 40 bopd, per the company RNS of 17 November was recorded from Lidsey-X2 with the smaller pump whilst attempting to identify the down hole issues. The company notes this current rate is an increase by a multiple of 2 x over historical output from the Lidsey field.
    Ø The Lidsey-X1 well, shut in since January 2016, to be brought back in to production.
    Ø Operator has put in place a comprehensive diagnostic program with the help of external experts to immediately make all necessary repairs and adjustments to further conventional oil production at Lidsey and increase yield from Lidsey-X2.

    Significant New Oil Potential at Lidsey Field:

    Ø Kimmeridge and Lias layers TOC (total organic content) values similar to the Brockham, Horse Hill-1 well and comparable to the Bakken Shale formation (USA).
    Ø RockEval pyrolysis analyses shows the values seen at Lidsey are similar to those seen in Horse Hill and the Bakken Shale formation. In the Bakken Shale the onset of oil generation is at a Tmax of around 420-425 deg F and this is met at Lidsey. These temperatures appear sufficient to generate oil thus far.
    Ø Hydrogen Index Tmax plot for the Kimmeridge at Lidsey and Brockham to be within the same envelope as Horse Hill-1 and the analogue of the Bakken Shale formation.
    Ø Similarly, S1 oil content and oil saturation index derived for both the Lidsey and Brockham wells also fall in the same envelope as Horse Hill 1 and the Bakken.
    Ø Operator believes this data demonstrates that significant producible oil has been generated.
    Ø Operator will submit an FDP Addendum to the Oil and Gas Authority (“OGA”) to begin production appraisal of the Kimmeridge and Oxford layers at Lidsey.

    Doriemus plc (Listed in Australia ASXOR and listed in London NEXOR) (“Doriemus” or the “Company”), is pleased to provide a further update from Angus Energy Plc (the “Operator”) on the Lidsey Oil Field, located at the southern edge of the UK’s onshore Weald Basin, south of London. (Figure 1). The Operator, released their update in London on 20 November 2017 on the London AIM market1.
    1 Angus
 
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